Take-over talk swirls around Qantas

(Sydney: 22 November 2006) The pursuit of Qantas by a consortium involving Texas Pacific Group and Macquarie Bank has the potential to test the Australian Government’s aviation regulatory strategy, according to the Centre for Asia Pacific Aviation. There is the prospect of an acquisitive and cashed up US private equity investor buying into an icon company which is highly politically sensitive and subject to a 49% limit on foreign shareholdings.