Three investment banks have emerged as lead contenders to manage Virgin Australia’s proposed initial public offering and re-listing on the ASX.
While the mandates are yet to be formally agreed by Bain Capital’s head office, chat among the local investment banks suggests Goldman Sachs, UBS and Barrenjoey Capital Partners are in the box seat following last week’s pitches.
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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
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
