September 28, 2020

UPASI BLOG

News from Point of View

Private equity buyout could turn Virgin Australia around: Investor

Private equity buyout could turn Virgin Australia around: Investor

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Thomas Madden of Leyland Private Asset Management says Richard Branson’s supply to mortgage loan his non-public island for collateral to bail out Virgin Australia will most likely be inadequate. On the other hand, he anticipates a lot of desire from private fairness, and states if Branson or a further airline were to team up with a participant who has the dollars, a turnaround at the airline is doable.

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