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Helloworld Travel Ltd ( (AU:HLO) ) has shared an update.
Helloworld Travel Limited has made a non-binding indicative offer to acquire the remaining shares of Webjet Group Limited that it does not already own. The offer is priced at A$0.90 per share and is contingent upon several conditions, including due diligence, regulatory approvals, and Webjet Board’s recommendation. The Webjet Board has allowed Helloworld to conduct due diligence but notes there is no guarantee of a binding offer or completed transaction.
The most recent analyst rating on (AU:HLO) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Helloworld Travel Ltd stock, see the AU:HLO Stock Forecast page.
More about Helloworld Travel Ltd
Average Trading Volume: 312,195
Technical Sentiment Signal: Buy
Current Market Cap: A$292.4M
For an in-depth examination of HLO stock, go to TipRanks’ Overview page.