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What was the outcome of the sale and implementation deed between Bain Capital and Deloitte for Virgin Australia?

  • Rejected by creditors

  • Agreed by creditors

  • Pending approval

  • Cancelled by Bain Capital

Answer

On 4 September 2020, creditors agreed to the sale and implementation deed between Bain Capital and Deloitte for the acquisition of Virgin Australia. The reorganization and change of ownership were completed on 17 November 2020.
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