Macquarie Bank and its private equity partners that made a failed A$11bn ($9bn) bid for Australia’s Qantas said on Thursday it would not launch a fresh offer for the airline.
Qantas shares fell 1.3 per cent in early trading.
By Financial Times reporters
Published: May 8 2007 11:45 | Last updated: May 17 2007 01:40
Macquarie Bank and its private equity partners that made a failed A$11bn ($9bn) bid for Australia’s Qantas said on Thursday it would not launch a fresh offer for the airline.
Qantas shares fell 1.3 per cent in early trading.