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Webjet Group Limited ( (AU:WJL) ) has issued an update.
Webjet Group Limited has received a non-binding indicative offer from Helloworld Travel Limited to acquire the remaining shares in Webjet that Helloworld does not already own, at a price of A$0.90 per share. The proposal is contingent upon several conditions, including due diligence, regulatory approvals, and shareholder agreement. The Webjet Board has allowed Helloworld to conduct due diligence but notes there is no certainty of a binding offer or completed transaction.
The most recent analyst rating on (AU:WJL) stock is a Buy with a A$0.83 price target. To see the full list of analyst forecasts on Webjet Group Limited stock, see the AU:WJL Stock Forecast page.
More about Webjet Group Limited
Webjet Group Limited operates in the travel industry, providing online travel booking services. The company focuses on offering a wide range of travel products and services, catering to both individual and corporate clients.
Average Trading Volume: 793,444
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$310.1M
Find detailed analytics on WJL stock on TipRanks’ Stock Analysis page.