Final two Virgin Australia bidders submit offers for airline

Deloitte now has eight days to assess the two binding bids from Bain Capital and Cyrus Capital Partners

The bidding for Virgin Australia is entering its final stage with both Bain Capital and Cyrus Capital Partners submitting their final and binding offers for the airline.

Deloitte said the administrators handling Virgin’s affairs will now assess the bids with a view to selecting a preferred bidder by Tuesday 30 June.

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from World news | The Guardian