Brief: Virgin Orbit Will Sell Its Assets To Four Bidders And Cease Operations
23/05/2023 22:55
May 23 (Reuters) - Virgin Orbit Holdings Inc VORBQ.PK :
* STATEMENT REGARDING VIRGIN ORBIT
* VIRGIN ORBIT HOLDINGS INC - WILL SELL ITS ASSETS TO FOUR
WINNING
BIDDERS AND WILL CEASE OPERATIONS
* VIRGIN ORBIT HOLDINGS INC - HEARING TO SEEK COURT APPROVAL
IS
SCHEDULED FOR MAY 24, 2023 WITH TRANSACTIONS EXPECTED TO CLOSE
SHORTLY THEREAFTER
Source text for Eikon: ID:nBw1XKz1xa
Further company coverage: VORBQ.PK
((Reutersbriefs@thomsonreuters.com;))
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