‘What Australia Needs’: Qantas’ Chief Rival Looks to Soar Back Onto ASX

The not-so-secret key to Virgin’s IPO? Qantas

Conditions are perfect for the listing with Qantas shares surging, oil prices down and domestic demand as strong as ever. But are we near the top of the cycle?

Virgin Australia targets $570 million in IPO as Bain rides market rally

Bain bought Virgin Australia in 2020 after it collapsed at the start of the Covid-19 pandemic. Read more at straitstimes.com.

Virgin Australia targets ASX with $685m IPO

Bain Capital-controlled airline Virgin Australia will relist in a $685 million initial public offering, betting investors are brushing off the turmoil caused by US President Donald Trump’s trade war.

Virgin Australia IPO Targets $443 Million as Bain Rides Rally

Bain Capital-controlled airline Virgin Australia will relist in a A$685 million ($443 million) initial public offering, betting investors are brushing off the turmoil caused by US President Donald Trump’s trade war.

‘What Australia needs’: Qantas’ chief rival looks to soar back onto ASX

Private equity owner Bain Capital will sell about 30 per cent of Qantas’ biggest domestic rival, which would value the company at close to $2.3 billion.

Virgin Australia seeks $2.3 billion valuation at IPO, reports

The airline is set to re-enter the ASX and looking to raise $685 million in its initial public offering, Reuters reports. Virgin. Image: Getty Key Takeaways Virgin Australia is set to IPO on the Australian Securities Exchange, seeking $685 million. It will sell 236.2 million shares, which will value the airline at $2.32 billion, according to a term sheet seen by Reuters. Bain Capital, the airline’s owner, will have its shareholder reduced to 3…