Brookfield has already lodged an offer, according to a source with direct knowledge of the matter.India's InterGlobe Enterprises, the biggest shareholder in that country's largest airline IndiGo, has also lodged a bid, according to a person with direct knowledge of the matter.
The high-level interest in Virgin Australia at a time when the world aviation market is largely grounded shows the long-time attractiveness of the Australian domestic market, a duopoly between Qantas Airways and Virgin. "Up to now, we've certainly seen a high level of interest from a significant number of high-quality parties, many of whom are capable of completing a transaction of this size and complexity," Mr Strawbridge said.This would involve access to more detailed business information and management presentations, he added.
Source: News Formal (newsformal.com)
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