|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.38 - 21.75|
|52 Week Range||14.21 - 23.43|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 28, 2020|
|1y Target Est||30.01|
While Qantas Airways Limited ( ASX:QAN ) might not be the most widely known stock at the moment, it received a lot of...
This marked the fourth delay so far by the Australian Competition & Consumer Commission (ACCC) on the carrier's A$610.8 million ($409.97 million) acquisition offer of Alliance Aviation. Last May, Qantas announced plans to buy the remaining 80% stake in Alliance Aviation in an all-stock deal to expand its footprint in the charter business. "Due to recent announcements by Qantas and Alliance about key developments regarding their existing wet-lease agreement, and fleet expansions by Alliance, the ACCC requires more time to gather and consider further information from the parties," an ACCC spokesperson said on Monday.
Australian Competition and Consumer Commission (ACCC) said the interim authorisation would also allow coordination in certain circumstances between Jetstar Japan and Japan Airlines, and comes after the regulator previously authorised this coordination in 2013 and 2018. The continued coordination of the Jetstar-branded airlines allows them to operate as a single fully integrated organisation "on matters such as flight scheduling, sales and marketing, and pricing," the regulator said.