Virgin Australia administrator Deloitte is under pressure to cull the number of bidders for the collapsed airline to two. According to The Australian newspaper, some parties who lodged first-round offers could walk away from the process. A shortlist of potential bidders is expect to be announced today. Private equity firms BGH Capital, Bain Capital, and Brookfield have already put forward indications of the prices they're willing to pay. Deloitte is seeking a signed deal by the end of June. Image: News Corp Australia
from National | Daily Telegraph https://ift.tt/369T1wa
Sunday, May 17, 2020
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