Just came across this
"Virgin Australia Holdings also said on Friday that it would sell a 35% stake of its frequent flyer program to a private equity firm, valuing the program at A$960m."
here
http://www.bbc.com/news/business-28977837
Just wonder where the value is and what kind of multiples are being used.
"Virgin Australia Holdings also said on Friday that it would sell a 35% stake of its frequent flyer program to a private equity firm, valuing the program at A$960m."
here
http://www.bbc.com/news/business-28977837
Just wonder where the value is and what kind of multiples are being used.