Virgin Australia's administrator to shortlist two bidders early next week
[SYDNEY] The administrator of Virgin Australia Holdings said it expected to shortlist two preferred bidders early next week after parties confirmed non-binding indicative proposals to acquire the airline on Friday.
Brookfield, which pulled out of the first bidding round and was not on the initial shortlist of four, submitted a proposal on Friday, a source with knowledge of the matter said on condition of anonymity.
Brookfield declined immediate comment.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Air China orders homegrown C919s in challenge to jet duopoly
Huawei’s smart car tech offers automakers route to China sales
Sri Lanka to hand management of China-built airport to India, Russia companies
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter