Nice profit on Galactic
Posted: 11 Aug 2009, 15:50Virgin seem to have gained a nice return on their investment in Virgin Galactic.
$280m for 32% stake sold to Aabar.
$280m for 32% stake sold to Aabar.
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Posted: 11 Aug 2009, 15:50Posted: 11 Aug 2009, 16:51Thats plenty to keep VS in the air for a while yet?!
Posted: 11 Aug 2009, 20:13I have moved this to the Virgin other brands forum.
Over the course of the last month Virgin has been able to raise somewhere around $800 million, which when given the current market is nothing short of amazing.
Now how much of this will be used to support VS during this rough patch, well only SRB really knows, but something tells me we won't be seeing VS going into administration anytime soon.
Over the course of the last month Virgin has been able to raise somewhere around $800 million, which when given the current market is nothing short of amazing.
Now how much of this will be used to support VS during this rough patch, well only SRB really knows, but something tells me we won't be seeing VS going into administration anytime soon.