Virgin Australia administrator expects 19 bidders

Temasek and Bain Capital among the potential buyers of the coronavirus casualty

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.

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