KKR Acquires Significant Stake in Webjet Limited

Webjet Limited (AU:WEB) has released an update.

Webjet Limited has announced that a cluster of entities collectively known as the KKR Entities has become a substantial holder in the company, acquiring a 5.01% stake with 19,598,687 fully paid ordinary shares. The acquisition elevates KKR’s influence in the company’s future, reflecting a potential strategic interest in Webjet’s market position and operations. The details of the transaction, including consideration and associates, have been outlined in a Form 603 submitted to the relevant authorities.

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