HONG KONG/SYDNEY (Reuters) – Virgin Australia Holdings Ltd’s (VAH.AX) administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a source with knowledge of the matter said on Monday.
FILE PHOTO: A Virgin Australia Airlines plane takes off from Kingsford Smith International Airport in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott/File Photo
The airline’s administrators expected to receive as many as eight non-binding indicative offers from potential buyers before a submission deadline on Friday.
Binding offers for the airline are due on June 12. The company entered voluntary administration last month owing creditors