Virgin Australia Bidders To Be Narrowed To Two

Pushed into administration by COVID-19, the airline is set to be restructured and refinanced under new ownership.
Credit: Virgin Australia
The bankruptcy administrator overseeing the Virgin Australia sale is preparing to narrow the bidders to a final shortlist of two candidates, with the winner set to be selected by the end of June. Bidders confirmed their non-binding indicative offers to the administrator on May 29. The final two are...

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