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
Fri, May 27, 2016 - 5:50 AM
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.
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...