A new kind of IR will take off when Qantas is de-listed.
Despite the need for final government approvals, it’s a done deal as far as the market is concerned. And what will take the deal over the line isn’t savvy IR – it’s price. But that does not mean IR was distanced from the A$11 bn private equity buyout of Australia’s national airline, Qantas. Quite the opposite.
As IR magazine went to press, a consortium of private equity houses led by Macquarie Bank was in the process of acquiring ‘the flying Kangaroo’.
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