Virgin Group Chairman Sir Richard Branson stated he remains in talks with “as many as three” potential suitors for Virgin Atlantic and that he is likely to make a decision on a partnership “within the next two or three months” (Bloomberg, 26-May-2011). “I’ve always made clear that I would still be very much involved,” Sir Richard said. “My principal interest is in the alliance. If it means selling shares, we’ll consider that.” Sir Richard said Singapore Airlines remains “undecided” on whether it will sell its 49% stake in Virgin Atlantic.
27-May-2011 12:35 PM