Jones Day and Herbert Smith Freehills are representing the final two bidders in the competition to buy failed airline Virgin Australia.
U.S. airline investor Cyrus Capital Partners, represented by Jones Day, and U.S. fund Bain Capital, reportedly represented by Herbert Smith Freehills, are the final two bidders. HSF has declined to confirm its involvement, although it has been widely reported that the firm is representing Bain Capital.
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