Nigelinoz,
Peter Yates was also the CEO of PBL for a number of years and before that he was with Macquarie bank where he specialised in acquisitions and mergers.
Now we have the head of PBL on the QF board and a Mr G J Dixon on the board of PBL.
Cosy little club if you are a member.
If you are wondering what the consortium has in mind for us then read ALLCO's description of themselves...
"We will make private equity investments in medium to large sized leveraged buyouts (“LBOs”). AEP will also take influential positions in public companies where it will agitate for change to bring about improved performance and value enhancement."
With Howard interviewed over the weekend saying that he had nothing against the takeover of Qantas you can take it that the takeover is as good as money in the bank.
I wonder what boards Mr Howard will appear on after he retires from politics
Last edited by lowerlobe; 31st Dec 2006 at 23:05.