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News: VAH Virgin Australia administator picks Bain, Cyrus as final bidders

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    02/06/20
    16:20
    Post #: 44989026

    SYDNEY, June 2 (Reuters) - Virgin Australia Holdings Ltd's (VAH) administrator said on Tuesday it had selected Bain Capital and Cyrus Capital Partners as the final bidders for the country's second-biggest airline.

    Administrator Deloitte said they had been selected from five non-binding proposals received on Friday.

    The others that had lodged proposals included BGH Capital, Indigo Partners and Brookfield Asset Management, Reuters had previously reported.

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