Good evening,
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Bain Capital came out swinging on Sunday. The private equity giant's local PE head, Mike Murphy, issued a rare public statement, outlining why Bain should be Virgin Australia's new owner. |
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Tonight, we reveal that statement wasn't all that was occupying Bain's time over the weekend, with the firm also getting ready to tap a big money investment bank to help prepare and fund its Virgin tilt. |
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Finally, we take a look at which New Zealand business is hoping to mirror the success of market darling Polynovo - which has a market cap in excess of $1.7 billion - and is ready to kick-start the local IPO market with a $300 million listing. |
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Happy reading,
Sarah Thompson, Anthony Macdonald and Tim Boyd
Street Talk Editors |
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