ACCC delays Virgin - Tiger takeover call

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JessicaTam

JessicaTam

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The Australian Competition and Consumer Commission’s decision on Virgin Australia’s proposed takeover of Tiger Airways Australia has been delayed after the regulator asked the airline for further information.
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Australian Financial Review

It looks like it is not as much a done-deal as the QF-EK alignment.
 
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If it gets canned I wonder if SQ will sell their stake since they only bought in to VA to finance the sale of their stake in Tiger.
 
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