CORRECT: Air NZ ups Virgin Australia stake to maximum 25.99%

(Corrects Air NZ share price in final graph)
By Suze Metherell
June 17 (BusinessDesk) - Air New Zealand, the national carrier, has increased its cornerstone shareholding in Virgin Australia to the maximum allowed under that nation's foreign investment rules.
The Auckland-based airline now owns 25.99 percent of the Australian budget carrier, from a previous 24.46 percent, it said in a statement. The company has lifted its stake 3 percent since October last year, when it sought approval from the Australian Treasurer after gaining consent...
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