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Old 15th May 2020, 03:28 PM
Greg Hyde Greg Hyde is offline
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Default VA Mk.2

First round bids close at 6pm tonight with:

The Australian says four major bidders lined up for tomorrow's first round.

* a consortium of private equity firm BGH, AustralianSuper and Singapore's Temasek
* Canadian infrastructure investor Brookfield
* US private equity firm Bain
* India's InterGlobe Enterprises, led by Indian billionaire Rahul Bhatia who co-founded Indian budget carrier IndiGo.

Others who were "interested parties" such as Queensland's "Project Maroon" and Wesfarmers may still join one of these groups in the next four weeks, as final bids are due on June 12.

Also:

Several sources close to the process, who spoke on the condition of anonymity due to strict confidentiality agreements, said the plan includes buying eight Boeing 787 Dreamliners to replace Virgin's existing international fleet of five Boeing 777s and six Airbus A330s.

Boeing 787s have a "list price" of between $US250 million and $US338 million ($388 million to $525 million) depending on the model, although airlines normally negotiate significant discounts

https://amp.smh.com.au/business/comp...13-p54snq.html
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