Business
UBS, Deutsche backing rebels chasing Virgin – The Australian Financial Review
Two hedge funds trying to recapitalise the airline and overrule the prospective sale to Bain Capital have named their supporters.
In documents filed in the Federal Court on Wednesday, the funds named some of their more prominent allies.
They include UBS, Credit Suisse Deutsche Bank, Morgans, Mason Stevens, Escala Partners, Crestone, Aberdeen Standard Investment, Litespeed Management, Mutual Limited, Yarra Capital Management Alexander Funds Management and Avenue Asset Management Limited.
In total, there are about 60 bondholding financial institutions owed $800 million that have indicated support for the alternative propos…
-
Noosa News8 hours agoHow Lily Steele-Park took her rapist to court and won
-
General22 hours ago‘Potential’ hacker contacts Qantas over data breach
-
Business13 hours agoFord CEO makes stunning prediction about artificial intelligence
-
General24 hours agoFears for next anti-Semitic firebombing on home soil