Original article by Patrick Durkin, Lucas Baird
The Australian Financial Review – Page: 1 & 20 : 24-Apr-20
Twelve parties are believed to have expressed interest in acquiring or investing in Virgin Australia. They include Australian private equity firm BGH Capital, which contends that a local buyer would be in the best interests of the airline and its employees. Foreign private equity firms and hedge funds are said to be interested in Virgin. Meanwhile, former Ansett Australia chairman Rod Eddington has backed calls for Virgin to cease servicing international routes and focus on the domestic market.
VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, BGH CAPITAL PTY LTD, ANSETT AUSTRALIA HOLDINGS LIMITED