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Bain Capital and Cyrus Capital Partners emerge as final bidders for Virgin Australia – ABC News

American private equity firms — Bain Capital and Cyrus Capital Partners — emerge as the final bidders for Virgin Australia, with plans to strip back Australia’s second major carrier rather than go head-to-head against Qantas.

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Two American private equity firms Bain Capital and Cyrus Capital Partners have emerged as the final bidders for Virgin Australia, with plans to strip back Australia’s second major carrier rather than…

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