Technology
BGH Capital expands travel footprint with investment in Aussie OTA
It failed to nab Virgin, but secured a takeover deal with Village Roadshow. Now, the private equity firm has befriended an OTA.
Tourism
FINALLY! Village Roadshow agrees to takeover deal with failed Virgin bidder
by Huntley Mitchell
It’s not quite on the same scale as Virgin, but BGH Capital has still managed to snag a distressed travel company.
Destinations
Village Roadshow takeover talks continue
by Huntley Mitchell
The theme park operator is still stuck at the discussion table with one of Virgin’s failed bidders. However, no word on whether the table is made of mahogany or oak.
Destinations
Village Roadshow extends takeover talks with failed Virgin bidder
by Huntley Mitchell
After being rejected by Virgin Australia, BGH Capital has shifted its attention to another takeover target.
Aviation
Virgin’s administrators still yet to name final two suitors following surprise bid
Virgin Australia’s administration process is starting to resemble Bathurst’s famous Mount Panorama racetrack, given the number of twists and turns.
Destinations
Virgin bidder in takeover talks with Village Roadshow
by Huntley Mitchell
Are you wondering why a pic of Sylvester and Tweety Bird is accompanying this story? It’ll all make perfect sense once you read it.
Aviation
Administrators shortlist Virgin bidders, as Velocity point redemptions resume
by Huntley Mitchell
The administrators of Virgin Australia have whittled down the number of suitors after spending the weekend mulling over all the non-binding offers. Find out who they are here.
Aviation
Virgin update: Suitor made move 18 months ago, administrators seek help and Velocity joins creditor list
As the administrators and creditors of Virgin prime themselves for tomorrow’s meeting, there’s been a juicy mix of revelations and updates in the days leading up to it.
Aviation
Virgin update: Creditors owed $6.8bn, suitor’s “Team Australia bid” and Scurrah’s CEO challenger
There have been quite a few interesting developments in the administration process of Virgin Australia, as the airline’s future hangs in the balance.