‘Crippling financial impact’ of Covid-19 puts PE-backed swimsuit maker Seafolly into administration
L Catterton-backed swimsuit maker Seafolly has fallen into administration due to the "crippling financial impact" of the coronavirus crisis.
L Catterton-backed swimsuit maker Seafolly has fallen into administration due to the "crippling financial impact" of the coronavirus crisis.
The battle to buy coroanvirus-stricken airline Virgin Australia is over after Bain Capital won the bidding war to buy the business.
Bondholders of struggling airline Virgin Australia have made a last-ditch bid to keep the company out of the hands of private equity firms bidding for the beleaguered business.
