PPRuNe Forums - View Single Post - Qantas DOES buy 1/4 of ANZ!!
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Old 25th Nov 2002, 13:07
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Dan Kelly
 
Join Date: Mar 2001
Location: Australia
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Lightbulb RK

From the first post on this thread, AUD$500 Million is the figure.

The AUD$1.00 offer to buy Ansett brought with it AUD$2 billion of debt plus who knows how much to restructure.

That's a possible reason why Dixon can justify 500 mil for ANZ but nothing for AN.
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