Two former directors, turnaround specialists and an opportunistic crypto investor. Welcome to the eclectic bidder fray for embattled airline Regional Express, better known as Rex.
Street Talk understands a fleet of parties has lobbed indicative offers for Rex three weeks after the airline was plunged into voluntary administration, fanning the debate about whether Australia can sustain more than two airlines.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
