Originally Posted by
MickG0105
Rex hadn't even signed with PAG at that point. The relevant chronology runs as follows:
Wwww- 26 June 2020. Bain Capital enters into a sale and implementation deed with administrator Deloitte to acquire Virgin Australia.
- 29 June 2020. Rex Board approved plans for Domestic Operations.
- 22 September 2020. Rex signs with PAG, contingent on shareholder approval.
Agree Mick. I probably could have couched the term "Pull out of the deal" a little differently.