QAN News: Qantas to gain full control of Alliance Aviation to tap mining sector demand - 5th May 2022, 8:36am

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(Reuters) -Australian carrier Qantas Airways Ltd said on Thursday it would buy the remaining 80% stake in Alliance Aviation Services for A$610.8 million ($443.14 million) in an all-stock deal to expand its footprint in the charter business.

Qantas, which bought a 19.9% stake Alliance in early 2019 https://investor.qantas.com/DownloadFile.axd?file=/Report/ComNews/20190201/02071925.pdf, said investors of the aviation services provider would receive A$4.75 per share, which represents a more than 3...

>>> Read more: Qantas to gain full control of Alliance Aviation to tap mining sector demand
 
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