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Australia's Allco says may take part in Qantas bid

Written by: Staff

SYDNEY, Nov 23 (Reuters) Australia's Allco Finance Group Ltd. said on Thursday it was considering taking part in a proposed bid for national airline Qantas Airways Ltd.


Allco's aircraft leasing business leases 22 planes to Qantas.

Investment bank Macquarie Bank and private equity firm Texas Pacific Group have proposed buying out Qantas in a deal that could be worth more than A billion (.7 billion).

Reuters SBA VP0520

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