Breakfast Deals: Taking flight

The end game to Air New Zealand's Virgin move is unclear, while Westfield's increased Perth shopping centre presence comes with conditions.

The competition watchdog is in the news in a big way, clearing two significant deals yesterday. First up is the increased stake in Virgin for Air New Zealand and with recent moves from Singapore Airlines and Etihad, there’s plenty to ponder. But could a takeover really be an option? In its other decision of note, the ACCC has offered approval for Westfield to buy a major Perth shopping centre, but the ASX-listed group has to give to receive. Elsewhere, Macquarie helps Consolidated Minerals exit its BC Iron stake, a wave of consolidation could be afoot in the engineering space and QBE’s Europe operations split in two.

ACCC, Virgin, Air NZ, Etihad, Singapore Airlines

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles