Business Services Industry
Fees bonanza if the mega-deal succeeds.
Australasian Business Intelligence, December, 2006
Byline: James Hall and Laura Tingle
Dec 05, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Lawyers, advisers and financiers are expected to earn massive fees if a proposed takeover bid for Qantas succeeds. Macquarie Bank could gain about $A200m in fees from advising the consortium that is seeking to acquire the national carrier, while the debt syndicate that is funding the deal is also likely to earn about $A200m in fees. Macquarie heads the private equity consortium, which also includes Texas Pacific Group and Onex. Qantas shares eased $A0.03 on 5 December 2006, closing at $A5.14.
Publication Date: 6 December 2006
QANTAS AIRWAYS LIMITED - ASX QAN
MACQUARIE BANK LIMITED - ASX MBL
TEXAS PACIFIC GROUP
ONEX...
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