Good evening,

As Virgin Australia boss Paul Scurrah and his team pitch Canberra for funds, we've found out which bankers they have hired to try to catch some white knight investors.

Morgan Stanley and UBS are overseeing a data room aimed at attracting equity from new investors and getting as close to Virgin's $1.4 billion target as possible.

The new shareholders are likely to take the place of existing shareholders, whose stakes would be wiped out as part of a pending restructure.

Elsewhere, bankers are scrambling to find a buyer for logistics heavyweight Toll Holdings and we hear they are trying to recreate the legendary Kerry Packer/Alan Bond deal from 30 years ago. We reveal how.

We also take a look at the next leg of QBE Insurance Group's capital raising program and take a peak at who is in contention for Healius' medical centres.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd

Street Talk Editors