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30 Mar 2024 0:08
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  •   Home > News > Business

    The Queensland Government is believed to be linked to one of the three "advanced" bidders for Virgin Australia, as administrators prepared to short-list yesterday's best offers

    The Queensland Government is believed to be linked to one of the three "advanced" bidders for Virgin Australia, as administrators prepared to short-list yesterday's best offers


    Queensland Investment Corporation, tasked by the State Government, is believed to be working with global investment firm Brookfield Asset Management, who are tipped among the main contenders for the troubled airline.

    The first milestone in the battle to buy Australia's second-largest carrier was reached at 6 last evening when the time for non-binding bids closed.

    Eight serious bidders were understood to have lodged an offer despite almost 20 parties circling earlier in the week.

    A sale is expected to be finalised by the end of June...

    © 2024 Newstalk ZB, NZCity

     Other Business News
     29 Mar: New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria
     29 Mar: Innovative New Zealand apple producing company Rockit is focussing on its international expansion
     29 Mar: Another pay offer is on the table for Police - after union members labelled the last one insulting
     28 Mar: Local councils are being challenged to back up rising debt with infrastructure revenue
     28 Mar: Employees are being reminded to know their rights and responsibilities this Easter
     28 Mar: The price gap between new builds and existing properties is starting to narrow
     27 Mar: A Bill passed in Parliament today will bring changes to the bright line test
     Top Stories

    RUGBY RUGBY
    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch More...


    BUSINESS BUSINESS
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria More...



     Today's News

    Rugby League:
    NRL Good Friday: Bulldogs take on desperate Rabbitohs, Broncos renew rivalry with Cowboys 23:07

    Law and Order:
    Gisborne Police have charged three people with graffiti vandalism and have identified a fourth suspect after the city's rainbow crossing was defaced with white paint earlier this week 21:57

    Entertainment:
    Heidi Klum would've "loved" a role in 'Griselda' 21:53

    Law and Order:
    Police have left the scene of a party that erupted into a disturbance on Auckland's Princes Wharf 21:37

    Entertainment:
    Tom Schwartz "made out" with Scheana Shay 12 years ago 21:23

    Entertainment:
    Mel B vowed she would never marry again following her split from Stephen Belafonte 20:53

    Entertainment:
    Eva Mendes has branded her mum "incredible" for retaining her sense of humour during her battle with cancer 20:23

    Entertainment:
    Katie Maloney doesn't "hang out" with her 'Vanderpump Rules' co-stars 19:53

    Entertainment:
    Jessica Chastain found it "difficult" to film 'Mothers' Instinct' with her showbiz pal Anne Hathaway 19:23

    Rugby:
    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch 18:57


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