Qatar Airways To Buy 25% Stake In Virgin Australia | 10 News First
NC | News
Qatar Airways will buy a 25% stake in Virgin Australia in a move that's been hailed as a win for the airlines and customers. The agreement comes after months of negotiations between Virgin's owner, Bain Capital, and the Gulf Carrier. The deal, which is still subject to approval from the Foreign Investment Review Board, is set to "help support Australian jobs, businesses and the wider economy."
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