Oct 15 (Reuters) - Qantas Airways Ltd (QAN) :
- QANTAS SALE OF SURPLUS MASCOT LAND-QAN.AX
- SALE OF LAND TO GENERATE GROSS PROCEEDS OF A$802 MILLION
- ADDITIONAL LAND SALE AND DEVELOPMENT PROPOSALS BY LOGOS UNDER CONSIDERATION
- ACCELERATES PROGRESS TOWARDS REACHING NET DEBT TARGET RANGE BY END OF FY22
- ADDITIONAL LAND SALE AND DEVELOPMENT PROPOSALS BY LOGOS UNDER CONSIDERATION
- ALSO ENTERED INTO DISCUSSIONS WITH LOGOS ABOUT POTENTIAL FUTURE DEVELOPMENT OPTIONS FOR SITES THEY ARE ACQUIRING
- ENTERED BINDING AGREEMENTS WITH A CONSORTIUM LED BY LOGOS PROPERTY GROUP FOR SALE OF 13.8 HECTARES OF LAND IN MASCOT
- EXPECTS TO COMPLETE EVALUATION OF PROPOSALS IN EARLY 2022
- EXPECTED FINANCIAL BENEFIT OF SALE WILL BE PROVIDED WITH QANTAS GROUP'S FINANCIAL RESULTS IN FEBRUARY 2022
- EXPECTS TO COMPLETE EVALUATION PROPOSALS IN EARLY 2022, IF DEAL IS REACHED, HAS POTENTIAL TO RAISE TOTAL VALUE OF DEAL TO MORE THAN A$1 BILLION
- WILL USE THESE FUNDS TO HELP PAY DOWN DEBT THAT WE'VE BUILT UP DURING PANDEMIC
News: QAN Qantas Airways Announces Sale Of Surplus Mascot Land
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Mkt cap ! $16.76B | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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