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Helloworld Travel Limited (ASX:HLO)

ALERT: Price-sensitive ASX Announcement for HLO
Current share price for HLO : $1.560 -0.19 (-10.86%)+
Announcement
Release
3 Dec 2025 4:40PM
Price at Release
$1.750
Full Release
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Summary
Helloworld Travel Limited has announced that it received clearance from the Australian Competition and Consumer Commission (ACCC) for a potential acquisition of Webjet Group Limited. On 19 November 2025, Helloworld submitted a non-binding indicative proposal to acquire all issued shares of Webjet that it does not already own through a Scheme of Arrangement. The proposal includes a cash consideration of A$0.90 per share, subject to certain conditions such as due diligence and a unanimous recommendation from the Webjet Board. Helloworld has begun its due diligence review following the ACCC's clearance.
Key Points
  • Helloworld Travel Limited received ACCC clearance for potential Webjet acquisition.
  • Proposal to acquire all of Webjet's shares not owned by Helloworld.
  • Acquisition proposed at A$0.90 per share via a Scheme of Arrangement.
  • Proposal subject to due diligence and Webjet Board's unanimous recommendation.
  • Helloworld has started due diligence following ACCC clearance.
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.