Virgin Blue Holdings Limited, an Australia based company in the airline industry is selling 105.2 million shares for 10.09% acquisition via a private placement memorandum. The shares are being offered to institutional investors for a price of $0.16 per share which represents a 31% discount to the closing price of $0.24 per share on July 24, 2009. The private placement is valued at approximately $17.7 million.

Virgin Group, Ltd., a UK- based diversified holding company, has agreed to acquire 36.8 million shares. This represents 35% of the private placement.

http://www.tradingmarkets.com/.site/news/Stock%20News/2446266/

About PPM

PPM is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

PPM.co’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

We are leaders in:

  • Australia Private Placement
  • Airline Private Placement
  • Airplane Equipment Private Placement
  • Debt Private Placement
  • Equity Private Placement
  • Airline Private Placement Memorandum Writing
  • Australia Private Placement Memorandum Writing
  • Real estate Private Placement Memorandum Writing
  • Debt Private Placement Memorandum Writing
  • Equity Private Placement Memorandum Writing