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AIR NEW ZEALAND TAKES OVER ANSETT AUSTRALIA
AUCKLAND, Air New Zealand took over australian company Ansett at 100% after buying also the remaining 50% of shares on the 23rd of June. First slice of Ansett was purchased by the carrier about four years ago. Transaction's value is 744 millions of new zealand dollars and the payment will be completed within two years.
AVIONEWS - World Aeronautical Press Agency