Air Transport World

Virgin Blue.(Asia/Pacific report)(reports successful initial public offering)(Brief Article)

Virgin Blue indicated it is heading for further profit growth in the next financial year on the back of the stronger Australian dollar after completing a highly successful A$612 million ($450 million) initial public offering last month. The heavily oversubscribed float involved issuance of 400 million new shares and a sell-down of Virgin Group's 46% shareholding. …

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