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Helloworld Travel Limited (ASX:HLO)

ALERT: Price-sensitive ASX Announcement for HLO
Current share price for HLO : $1.415 -0.335 (-19.14%)+
Announcement
Release
19 Nov 2025 8:50AM
Price at Release
$1.750
Full Release
download
Summary
Helloworld Travel Limited (ASX:HLO) has made a non-binding indicative proposal to acquire all the issued shares of Webjet Group Limited (ASX:WJL) that it does not already own, through a scheme of arrangement. The proposed acquisition offers Webjet shareholders a cash consideration of A$0.90 per share, representing a significant premium to Webjet’s recent share prices. This proposal is seen as a compelling value opportunity for Webjet shareholders, allowing them to realize a premium valuation and full cash consideration. Helloworld believes that the combination of the two companies will create a strong strategic platform, enhancing their capacity in the travel bookings industry. The proposal is contingent upon several conditions, including due diligence and acceptance by Webjet’s Board, along with the absence of a superior proposal. Helloworld is committed to collaborating with Webjet to ensure a smooth transaction process.
Key Points
  • Helloworld Travel Limited proposes to acquire all shares of Webjet Group Limited.
  • The acquisition price is A$0.90 per share, offering a premium to shareholders.
  • The proposal is non-binding and indicative, requiring due diligence and Board approval.
  • A combination of Helloworld and Webjet is seen as strategically beneficial.
  • The acquisition is subject to certain conditions and the absence of a superior proposal.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.