Sunday, April 29, 2007

Qantas bid group says has 12.57 percent voting power

(Reuters) - Shareholder acceptances including a facility where institutions can accept but retain the right to withdraw were at 25.51 percent.

However, this was down 27.8 percent last week as some fund managers sold shares in the open market to benefit from strength in the Australian dollar, sources close to the bid said.


Read more at Reuters.com Business News

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