You are here

PREMIUM

Several buyers eyeing Virgin Australia stake: Branson

It's not yet clear if Virgin Group itself will raise its stake in Australia's second-largest airline

BT_20160527_DNVA27_2302966.jpg
Air New Zealand, the biggest investor in Virgin Australia, in March said that it may sell its 26 per cent stake as Virgin Australia carries out a capital review.

Sydney

AIR New Zealand Ltd's stake in Virgin Australia Holdings Ltd has attracted several potential buyers and talks are underway about a possible deal, said Richard Branson, the billionaire founder of Virgin Group Ltd.

It's not yet clear whether Virgin Group itself, which owns...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes