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The latest update is out from Webjet Group Limited ( (AU:WJL) ).
Webjet Group Limited has received a revised non-binding indicative offer from BGH Capital Pty Ltd to acquire all shares not already owned by BGH at A$0.91 per share. This proposal, which follows a previously rejected offer, is subject to several conditions, including a 75% minimum acceptance condition and regulatory approvals. The Webjet Board has agreed to allow BGH to conduct due diligence under a non-disclosure agreement, but there is no assurance that the offer will proceed.
The most recent analyst rating on (AU:WJL) stock is a Buy with a A$1.15 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, primarily offering online travel booking services. The company focuses on providing a platform for consumers to book flights, hotels, and other travel-related services, catering to both individual and corporate clients.
Average Trading Volume: 922,336
Technical Sentiment Signal: Buy
Current Market Cap: A$345.4M
Find detailed analytics on WJL stock on TipRanks’ Stock Analysis page.