Etihad boosts Virgin stake

Abu Dhabi-based airline lifts interest towards its 19.9 per cent limit.

Etihad Airways has lifted its stake in Virgin Australia Holdings (VAH) by at least 1.4%, The Australian Financial Review reports.

According to the newspaper, the Abu Dhabi-based airline bought $14.5 million of Virgin shares for 39.5 cents a share in an on-market purchase executed by Patersons Securities.

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