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Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline ...
By Scott Murdoch (Reuters) -Bain Capital-owned Virgin Australia is looking to return to the stock market with a A$685 million ...
1don MSN
The listing is a huge milestone for private equity firm Bain Capital, which acquired the airline in crisis five years ago.
Virgin Australia has returned to the sharemarket after a five-year hiatus with a massive $685m initial public offering on Wednesday, and it could influence the future health of the Australian economy.
As Virgin Australia prepares to relist on the Australian Securities Exchange, private equity risks sparks concern.
The airline is set to return to the ASX on June 24 after a five-year absence after its owner, Bain Capital, decided to ...
Virgin Australia’s top executives including CEO Dave Emerson are in line for eye-watering bonuses and one-off payments when the company relists on the ASX later this month.
Bain bought Virgin Australia in 2020 after it collapsed at the start of the Covid-19 pandemic. Read more at straitstimes.com.
Investors will be offered 30.2% of the current 70.2% stake held by Bain Capital and its two investment partners, Virgin Group ...
Virgin is expected to be marketed as concentrated Qantas, rather than the old airline of Qantas-lite. This means it sticks to ...
SYDNEY] Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline ...
By Scott Murdoch (Reuters) -Bain Capital-owned Virgin Australia is looking to raise A$685 million ($442.78 million) in an ...
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