July 6, 2020 / 1:42 AM / a month ago

BRIEF-Australian Takeovers Panel Says Broad Peak, Tor Investment Seek Orders To Make Alternate Bids For Virgin Australia

July 6 (Reuters) - Australian Takeovers Panel:

* GOT APPLICATION FROM BROAD PEAK INVESTMENT ADVISERS, TOR INVESTMENT MANAGEMENT IN RELATION TO AFFAIRS OF VIRGIN AUSTRALIA

* APPLICANTS SEEK INTERIM ORDERS REGARDING ACCESS TO INFORMATION INCLUDING TO TERMS OF BAIN PROPOSED TRANSACTION

* SITTING PANEL HAS NOT BEEN APPOINTED AT THIS STAGE AND NO DECISION HAS BEEN MADE WHETHER TO CONDUCT PROCEEDINGS

* APPLICANTS SEEK FINAL ORDERS INCLUDING ORDERS TO ENABLE APPLICANTS TO MAKE AN ALTERNATIVE PROPOSAL Source text for Eikon: Further company coverage:

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