Business dealsVirgin Australia administrator expects 19 bidders
Temasek and Bain Capital among the potential buyers of the coronavirus casualty
Virgin Australia, which in April said it owes creditors nearly 7 billion Australian dollars, is receiving "a high level of interest from a number of high-quality" potential buyers. © AP
FUMI MATSUMOTO, Nikkei staff writer
SYDNEY -- Nineteen companies and investment funds in Australia and overseas are expected to meet a Friday deadline to submit non-binding indicative offers for Virgin Australia Holdings, which in April became the first Asia-Pacific airline to succumb to the coronavirus pandemic and enter bankruptcy proceedings.