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Home World Australia

Virgin Australia flies back onto the stock exchange as rescuer Bain Capital offloads part of holding

23 June 2025
in Australia
0
Virgin Australia flies back onto the stock exchange as rescuer Bain Capital offloads part of holding
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Virgin Australia has resumed trading on the stock exchange after more than five years, with shares opening above $3.10, a notable increase from the $2.90 price set during a partial sale by Bain Capital. CEO Dave Emerson highlighted a clear strategy and staff contributions in the airline’s restructuring, while Bain retains a 40% stake and is set to benefit from significant fees and severance payments tied to their management of the company.

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Tags: AustraliaaviationBainBusinessCapitalExchangeFliesHoldingIPOsMarketsoffloadsPartrescuerstockVirgin
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