Qantas officially announces deferred FF IPO
Wednesday, 24 Sep, 2008
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Qantas said formally today that as previously announced it has been exploring a minority Initial Public Offering (IPO) of the Qantas Frequent Flyer business.
The Board, at a meeting this week, decided that in this period of heightened market volatility, it would be appropriate to defer the IPO.
The Board said preparations would continue for a minority IPO in the first half of 2009.
A Report by The Mole
John Alwyn-Jones
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