JAL to tap Qantas, other Oneworld partners for IPO - sources
<p><a href="http://uk.news.yahoo.com/jal-tap-qantas-other-oneworld-partners-ipo-sources-040025094.html"><img src="http://l.yimg.com/bt/api/res/1.2/b3ySxhFt61tblB4YuvdZsw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-03-29T040025Z_1_CBRE82S0B4T00_RTROPTP_2_JAL-BOEING.JPG" width="130" height="86" alt="The first of two 787 Dreamliner jets that Boeing delivered to Japan Airlines is seen during a ceremony in Everett" align="left" title="The first of two 787 Dreamliner jets that Boeing delivered to Japan Airlines is seen during a ceremony in Everett" border="0" /></a>TOKYO (Reuters) - Japan Airlines is planning to tap Australia's Qantas , British Airways owner IAG and other members of the Oneworld alliance as possible investors in its initial public offering, three people with knowledge of the Japanese carrier's strategy said. Japan Airlines (JAL) is planning to raise at least 500 billion yen (3.8 billion pounds) ahead of a relisting of its shares in Tokyo as early as September, sources have told Reuters, allowing a state-backed fund to recoup the 350 billion yen it injected into the company after its bankruptcy in 2010. ...</p><br clear="all"/>
Click here to read the rest of this article.
Add to:
del.cio.us,
Digg,
Yahoo!,
Google
Other articles in the Business news section
- Loro Piana rides high through recession... 2 hours ago
By Naomi O'Leary ROME (Reuters) - Italian luxury firm Loro Piana expects double-digit sales growth to continue in 2013 as it expands its niche in the ultra-luxury sector, its chief executive told Reuters on Friday. Pier Luigi Loro Piana said barring major upsets, sales should grow a little over 10 percent this year, after growth of 13.1 percent to 630 million euros (£538.7 million) in 2012. ... ...more
- Blackstone notifies Cohen's SAC it intends... 3 hours ago
By Matthew Goldstein (Reuters) - Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc , the largest outside investor in his embattled SAC Capital Advisors ...more
- Apple 1 Computer Sells For Record At... 3 hours ago
One of only six surviving Apple... ...more
- UAE's Majid AL Futtaim eyes $1 billion... 3 hours ago
By Suleiman Al-Khalidi Dead Sea, Jordan (Reuters) - UAE's Majid Al Futtaim Holding (MAF) - sole franchise of hypermarket chain Carrefour in the Gulf - said it foresaw capital investments of up to $1 billion (£661 million) this year as it steadily expanded its foothold in the region. This did not include a $680 million purchase of a 25 percent minority share from Carrefour Groupe in the company announced last week that will give it full ownership of the Carrefour franchise in the region, Iyad Malas... ...more
- Board of Italy's ILVA steel group quits... 4 hours ago
ROME (Reuters) - The management board of Italian steel group ILVA has resigned, the company said on Saturday, following the seizure of 8 billion euros of assets from its controlling company in connection with allegations of environmental crimes. ILVA, whose main plant in the southern city of Taranto is Europe's largest, has been under special administration since July last year and prosecutors are also investigating its main shareholder, Emilio Riva, for tax evasion. ... ...more
- Germany's Kion ready for IPO but not... 6 hours ago
FRANKFURT (Reuters) - Kion Group , the world's second biggest maker of fork lift trucks, would be ready for an initial public offering but is not in a rush, German paper Frankfurter Allgemeine Zeitung reported, citing Kion's chief executive. Kion, together with its owners Goldman Sachs , buyout firm KKR and Shandong Heavy , is monitoring the market for a potential share sale, Kion Chief Executive Gordon Riske said, according to the paper. "The situation at the capital market is good ... even though... ...more