Stocks to watch at the open: Virgin, Coca-Cola Amatil

Air New Zealand has increased its stake in Virgin Australia and while Coca-Cola's product volume declines, prices are still on the up.

Virgin Australia Holdings

Air New Zealand has been approved to increase its shareholding in Virgin to 25.9 per cent.

The additional 3 per cent of shares to be acquired to take Air New Zealand to their new limit will be acquired under an existing forward contract.

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