Bain Capital Scouts for Its Next Airline After Big Virgin Payday
Today's must-reads:
• Bain eyes next airline
• Albanese in China podcast
• Jobs data spurs rate-cut talk
Virgin Australia's part-owner Bain Capital is scouting for its next airline deal after already more than tripling its money on our no. 2 carrier. I interviewed the US buyout firm's Sydney-based partner Mike Murphy, who led the original Virgin acquisition, and you can read it here.
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