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Helloworld Travel Limited (ASX:HLO)

ALERT: Price-sensitive ASX Announcement for HLO
Current share price for HLO : $1.480 -0.415 (-21.90%)+
Announcement
Release
13 Feb 2026 8:17AM
Price at Release
$1.895
Full Release
download
Summary
Webjet Group Limited, trading as ASX: WJL, announced the cessation of acquisition discussions with Helloworld Travel Limited and BGH Capital. Both parties had made initial non-binding offers to acquire Webjet shares, but after 12 weeks of due diligence, no binding proposals were received. Consequently, Webjet has decided to focus on its existing business strategy and FY30 growth plans. Despite a challenging trading environment, Webjet provided a FY26 trading update with an expected Underlying EBITDA of $28 to $29 million and confirmed the commencement of a $25 million on-market share buy-back program.
Key Points
  • Webjet received non-binding offers from Helloworld and BGH Capital.
  • Helloworld proposed to acquire Webjet shares at A$0.90 per share.
  • BGH Capital proposed an all-cash takeover at A$0.91 per share.
  • Webjet engaged in due diligence with both parties for 12 weeks.
  • No binding proposal was received from Helloworld or BGH Capital.
  • Discussions with Helloworld and BGH Capital have been ceased.
  • Webjet remains open to future compelling proposals.
  • Webjet will focus on executing its FY30 plan for growth.
  • FY26 trading update indicates continued challenging environment.
  • Webjet expects FY26 Underlying EBITDA to be $28-$29 million.
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.