Richard Branson Twitter Government Coronavirus Richard Branson

Richard Branson forced to sell Virgin Atlantic as he pleads 'I need buyer by next month'

Reading now: 599
www.dailystar.co.uk

Billionaire Richard Branson is desperate to offload Virgin Atlantic and is seeking a buyer for the airline by May. The Sunday Telegraph report that Branson, who has a personal fortune of £3.5 billion and owns his own island, is no longer looking for a £500m government bail out.

And instead he wants to sell his transatlantic airline - which has been grounded by the coronavirus outbreak. He sparked anger when he called on Number 10 to plough cash into the business after the coronavirus pandemic broke out.

According to the newspaper, there is plenty of interest in the business, wth investment bank Houlihan Loke said to be in discussions with 50 potential investors.

Read more on dailystar.co.uk
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

Jim Kenney - Founder of Philly Fighting COVID agrees to destroy personal health data collected during clinic debacle - fox29.com - state Pennsylvania
fox29.com
41%
177
Founder of Philly Fighting COVID agrees to destroy personal health data collected during clinic debacle
Andrei Doroshin PHILADELPHIA - A graduate student in psychology whose COVID-19 vaccine operation got shut down by Philadelphia last year has settled with the state attorney general's office and agreed to destroy all personal health information his start-up gathered.The agreement was filed Friday in Commonwealth Court and requires a judge's approval to take effect.Central to the accusations against Andrei Doroshin, who had almost no public health experience when the city gave him the task, was that he had intended to profit from the vaccine operation run by his start-up, called Philly Fighting COVID.Mayor Jim Kenney says Philly Fighting COVID was a mistake after the Inspector General found no malice, no ill-intent, and no one seeking personal gain.Doroshin denied the allegations by the attorney general's office, including violating the state's nonprofit corporation law.Under the agreement, Doroshin and his associates are barred from managing charitable assets or soliciting charitable donations in Pennsylvania for 10 years.Doroshin also must destroy the personal health information gathered through the vaccine pre-registration service and is barred from receiving any financial benefit from the information or the vaccine.Doroshin must also dissolve Philly Fighting COVID.City officials said they gave him the job because he and his friends had organized one of the community groups that set up COVID-19 testing sites throughout the city in 2020.But they shut the vaccine operation down once they learned that Doroshin had switched his privacy notice to potentially sell patient data.
DMCA