Key Qantas shareholder rejects $11bn bid
The takeover of Qantas has been put in severe jeopardy with a key shareholder saying it will vote against an $11 billion private equity bid because the bid undervalued Qantas.
Balanced Equity Management, which owns 4% of Qantas, has advised the Australian Stock Exchange that, “given the current level of the share market, we do not intend to accept the bid of $5.45 per share in respect of the shares we manage on behalf of clients”.
In response, Airline Partners Australia sadi that they are considering a range of alternatives in light of the announcement with APA saying previously that it will not raise its bid, which has only been accepted by under 30% of Qantas shareholders, with the deadline for shareholders to vote on the offer now extended to April 20.
Report by The Mole
John Alwyn-Jones
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
TAP Air Portugal to operate 29 flights due to strike on December 11
Qatar Airways offers flexible payment options for European travellers
Airbnb eyes a loyalty program but details remain under wraps
Air Mauritius reduces frequencies to Europe and Asia for the holiday season
Major rail disruptions around and in Berlin until early 2026