city New Delhi India Australia covid-19 outbreak pandemic city New Delhi India Australia

Rahul Bhatia's InterGlobe Enterprises bows out of Virgin Australia bid

Reading now: 835
www.livemint.com

NEW DELHI: IndiGo promoter Rahul Bhatia-controlled InterGlobe Enterprises Private Limited hasn't made it to the final list of bidders for Virgin Australia Holdings Ltd.

Bain Capital, BGH Capital, US-based private equity fund Indigo Partners and Cyrus Capital Partners were the four potential bidders shortlisted by the administrators of Virgin Australia, the Australian Financial Review reported on Monday.

Binding offers for the airline are due on 12 June. When contacted, a spokesperson for InterGlobe Enterprises said, "Please see the media coverage in Australia.

It's self explanatory." InterGlobe Enterprises (IGE) Pvt Ltd, which controls the company that operates India’s largest airline, had submitted expressions of interest for bankrupt

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA