UPDATE 2-Two private groups consider bid for Virgin Australia -AFR [Reuters (UK)]
Houlihan Lokey, Inc. Class A (HLI)
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Source: Reuters
Two private groups consider bid for Virgin Australia: AFR - Reuters 3 Min Read SYDNEY (Reuters) - Two private groups are considering making approaches for Australia’s second-biggest airline Virgin Australia Holdings Ltd ( VAH.AX ), the Australian Financial Review said, citing sources. A private equity investor has partnered with a “a strategic airline investor” to make an offer for the cash-strapped airline, and the second potential buyer could be an investment bank allied with an Australian infrastructure investor, the paper said. On Thursday, Virgin Australia suspended trading in its shares to continue talks on financial aid and restructuring alternatives to help it weather the coronavirus downturn. “We are really in crisis mode,” its chief operations officer, Stuart Aggs, said at a union-organised forum on Friday. “We are an airline and a business under significant scrutiny almost on an hourly basis.” He said he could not comment on the progress of rescue talks, citing confidenti
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News
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HLI
Earnings
- 10/30/24 - Beat
HLI
Sec Filings
- 12/16/24 - Form 4
- 12/13/24 - Form 144
- 12/9/24 - Form 8-K
- HLI's page on the SEC website