DataRoom AM: Qantas about-turn

Qantas is expected to shun a partial float of its frequent flyer business, while Glencore keeps a close eye on BHP Billiton’s assets.

Qantas Airways’ senior management team is believed to have officially scrapped an idea to partially divest the firm’s frequent flyer division after reports emerged yesterday that such a plan was under pressure.

Elsewhere, Glencore keeps a watch on BHP Billiton’s assets, Woodside Petroleum puts M&A activity firmly back on the agenda and the Newman government nears a decision on advisory roles for its proposed asset sell-off.

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