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Qantas appeases opposition to Air New Zealand deal

Qantas, the Australian flag carrier, on Thursday sought to appease the New Zealand government and regulators over its plans to acquire a majority stake in competitor Air New Zealand. If successful in its bid, Qantas said it would leave a majority of Air NZ in New Zealand hands. Air NZ would also retain its brand, its headquarters in Auckland, and a New Zealander chairman.

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GeoPost UK Projecting 10% Annual Growth

Parcels delivery firm GeoPost UK, the British subsidiary of state-owned French postal operator La Poste, is targetting growth of at least 10 percent a year, the unit’s ceo Colin Millbanks said on Thursday. ‘We expect Interlink volume to be up 10 percent by the end of the year,’ he told a news conference

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Securicor to sell US wireless arm for $36m

Securicor, the security, distribution and communications group, confirmed on Thursday that it was in advanced talks to sell its US wireless communications business for about $36m (£25.3m). The group also confirmed that Roger Wiggs, chief executive, will retire at the end of December, to be succeeded by Nick Buckles, chief executive of the security division. The sale of the US wireless business and the management change is likely to be interpreted as the start of a restructuring aimed at focusing the group on its core security division.

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