BREAKFAST DEALS: Arabian white knights

A deal between Qantas and Emirates appears to be close and Hastings gets a better bid from APA.

Qantas is never far from deals headlines, which routinely shout speculation about the airline being the target of buyout bids, merger proposals and grand international alliances. This morning, the talk finally appears to have some substance. Meanwhile, Hastings Diversified International Fund receives a better bid from APA Group, while the Australian Stock Exchange settles for less in Singapore. Elsewhere, hopes of an IPO resurgence fade alongside Vibrynt's listing plans.

Emirates, Qantas Airways

Qantas' international travellers may soon find themselves passing through Dubai, rather than Singapore, as the Flying Kangaroo reportedly finesses the terms of a significant code share agreement with Emirates.

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