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Air NZ says mulling sale of its 26% stake in Virgin Australia

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Air New Zealand Ltd said on Wednesday it is considering selling its 25.9 per cent stake in Australian airline Virgin Australia Holdings Ltd .

[SYDNEY] Air New Zealand Ltd said on Wednesday it is considering selling its 25.9 per cent stake in Australian airline Virgin Australia Holdings Ltd .

In a statement, Air New Zealand said it has hired investment banks First NZ Capital and Credit Suisse to advise on its options with respect to the stake, "including a possible sale of all or part of its shareholding".

REUTERS

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