FILE PHOTO: A Virgin Australia Airlines plane takes off from Kingsford Smith International Airport in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott/File Photo
May 29, 2020
SYDNEY (Reuters) – The administrator of Virgin Australia Holdings Ltd <VAH.AX> said it expected to shortlist two preferred bidders early next week after parties confirmed non-binding indicative proposals to acquire the airline on Friday.
Brookfield, which pulled out of the first bidding round and was not on the initial shortlist of four, submitted a proposal on Friday, a source with knowledge of the matter said on condition of anonymity.
Brookfield declined immediate comment.
(Reporting by Jamie Freed, Scott Murdoch and Paulina Duran; Editing by Clarence Fernandez)
