Qantas plans predatory attack on Virgin MkII

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Administrators Deloitte and Vaughan Strawbridge are hoping to complete the sale of Virgin Australia by the end of June:

Deloitte lead administrator Vaughan Strawbridge [are] expecting up to 20 potential bidders to deliver indicative non-binding offers by the end of next week…

Deloitte’s Mr Strawbridge, who took control of Virgin on April 22, hopes to wrap up a sale by the end of June…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.