Bain Capital is meeting with potential Virgin Australia investors in a new round of discussions ahead of a final decision on whether it should proceed or hold off a float of the country’s second-largest airline.
Virgin chief executive Dave Emerson and the head of its Velocity frequent flyer business, Nick Rohrlach, have been leading the meetings with fund managers, billed as a business update. It had already conducted a roadshow with fund managers the first week of April.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
