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Renaissance Partners urge Australian government to accept its bid for Rex
August 29th 2025
The Australian federal government has been directly approached by Sydney-headquartered investment fund, Renaissance Partners, with an offer to acquire Regional Express (Rex). Read More » The fund’s first bid was eliminated in an earlier process. Renaissance is proposing relocation of Rex’s bases to Canberra and Darwin. "The offer ensures Rex stays Australian-owned, is relisted on the Australian Stock Exchange and has a sustainable long-term future without more public bailouts,” Renaissance said in a statement. Last February, the federal government said it was prepared to save the airline if no private buyer could be found to maintain connectivity to rural and remote regions.
