News Headline Summary

Gerry Harvey says has bought passive shareholding in Qantas (QAN AT)

Analysis details (04:13)

- Aussie press reported most recently that retail king Gerry Harvey and his wife Katie Page have emerged as surprise investors in a private trust controlled by a group of wealthy investors that has purchased a small stake in Qantas with a view to pushing for strategic change at the airline.

- It is understood Mr Harvey and Ms Page have joined former Qantas chief Geoff Dixon, former CFO Peter Gregg, venture capitalist Mark Carnegie and adman John Singleton in buying a stake of less than 2 per cent in Qantas well before it secured a joint venture with Emirates in September.

27 Nov 2012 - 04:09 - Equities - Source: Newswires/The Australian

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