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Macquarie gets Alliance Aviation stake for Qantas

Macquarie's equities desk has helped Qantas Airways get its hands on a 19.99 per cent stake in listed contract and charter flights operator Alliance Aviation.

Qantas revealed a $60 million stake in Alliance Aviation on Friday morning, saying it had paid $2.40 a share on average for the stock.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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Original URL: https://www.afr.com/street-talk/macquarie-gets-alliance-aviation-stake-for-qantas-20190201-h1aqmz