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Which company acquired Virgin Australia in 2020?

  • Bain Capital

  • Qantas

  • Apollo Global Management

  • Air New Zealand

Answer

On 26 June 2020, it was announced that Bain Capital had entered into a sale and implementation deed with administrator Deloitte to acquire Virgin Australia. Creditors agreed to this proposal on 4 September 2020, and the reorganization and change of ownership were completed on 17 November 2020.
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