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Virgin Australia bondholder launches court action to unveil secret Bain deal – Sydney Morning Herald

One of Virgin Australia’s largest bondholders is pushing to unseal the secret details of a deal to sell the bankrupt airline to private equity firm Bain Capital.

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Tuesday’s court action comes after it was revealed on Monday that Broad Peak and Hong Kong-based bondholder Tor Investment Management have applied to the Takeovers Panel to intervene in the sale to B…

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