LUXURY Escapes has downplayed speculation in the Australian Financial Review about a possible Qantas acquisition of the company.
The report said QF was working with Citibank in relation to due diligence and financing considerations, and was “working towards putting an offer to Luxury Escapes’ owners”.
Luxury Escapes CEO, Cameron Holland, told TD: “As a rapidly growing business, we recognise that we are subject to interest and speculation in the market.
“There are no current active opportunities being considered by Lux Group, however we regularly assess the market and regularly consider strategic options which will enable Luxury Escapes to continue to grow its market leadership position and deliver value realisation opportunities to shareholders,” Holland added.
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Source: traveldaily