Deloitte works to cut Virgin bidders to 2

Deloitte works to cut Virgin bidders to 2

Deloitte will settle on a final shortlist of two preferred bidders for Virgin Australia early next week after parties reaffirmed their interest. Melbourne-based BGH Capital and US-based private equity firms Bain Capital, Indigo Partners and Cyrus Capital Partners had...
Deloitte works to cut Virgin bidders to 2

Bain Capital in new bid for Virgin Aust

Bain Capital says it is preparing a second-round proposal to buy Virgin Australia Holdings Ltd, as the private equity group positioned itself as the “strongest” suitor to turn around the bankrupt airline. Bain said in a statement on Sunday it was...
Deloitte works to cut Virgin bidders to 2

Virgin Australia bidders shortlisted – 9Finance

Virgin Australia’s administrators say they have shortlisted a small number of parties from the non-binding indicative offers received by last Friday. The administrators from Deloitte have not named the parties but say they are being invited into the next stage...
Deloitte works to cut Virgin bidders to 2

Virgin Australia expected to get 8 offers

Virgin Australia Holdings Ltd is expected to receive as many as eight non-binding indicative offers from potential buyers, which will be whittled down over the next few days to a shortlist of around three, its administrators said. The country’s second-biggest...
Deloitte works to cut Virgin bidders to 2

Virgin Australia bids due on Friday

Virgin Australia’s administrators at Deloitte will have a better sense of which parties are interested in buying the beleaguered airline, when non-binding indicative offers are made on Friday. Nineteen parties interested in buying the airline, which entered...