June 2 (Reuters) - Virgin Australia Holdings Ltd (VAH) : BAIN...

June 2 (Reuters) - Virgin Australia Holdings Ltd (VAH) :

• BAIN CAPITAL AND CYRUS CAPITAL PARTNERS SHORT-LISTED IN RELATION TO NON-BINDING INDICATIVE PROPOSALS MADE FOR CO
• NOW FURTHER SHORT-LISTED TO TWO, AND THEY ARE BAIN CAPITAL AND CYRUS CAPITAL PARTNERS
• TO NOW SPEND COMING WEEKS FACILITATING IN-DEPTH BIDDER ENGAGEMENT WITH STAKEHOLDERS OF BUSINESS, WORK WITH BOTH PREFERRED BIDDERS
• STILL INTENTION TO HAVE A BINDING AGREEMENT IN PLACE BY 30 JUNE
• FOR PARTIES NOT MOVED INTO NEXT PHASE; UP TO THEM TO BECOME INVOLVED IN SOME CAPACITY WITH REMAINING PARTIES

Source: https://reut.rs/36OZRYn

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