Virgin Australia IPO divides banks along company lines

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 90%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Virgin Australia’s mooted IPO has investment bank bosses re-pledging their allegiances in Australia’s hard-fought aviation sector.

Virgin Australia’s mooted IPO has investment bank bosses re-pledging their allegiances in Australia’s hard-fought aviation sector, with Qantas Airways’ banks not needing to apply for lead manager mandates.Aviation is one of a handful of Australian duopolies where investment banking teams, law firms and other service providers have to declare their stripes and fight tooth-and-nail for their chosen side.

With Bain Capital-owned Virgin thinking about re-listing on the ASX, those investment banks with close ties to arch-rival Qantas are sitting out the pitching process. That’s the price of loyalty.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in BR

Brasil Últimas Notícias, Brasil Manchetes