by dellons | May 29, 2020 | Business News
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...
by dellons | May 24, 2020 | Business News
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...
by dellons | May 18, 2020 | Business News
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...
by dellons | May 15, 2020 | Business News
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...
by dellons | May 14, 2020 | Business News
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...
