Bain Capital is rebooting IPO discussions for Virgin Australia after agreeing to sell a 25 per cent stake to Qatar Airways at a $4 billion valuation this year. The private equity giant has appointed Dave Emerson as the airline’s new chief executive and is teeing up investors for a non-deal roadshow.
New Virgin Australia CEO Dave Emerson. Dallas Kilponen
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
