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BRIEF-Webjet Group Receives Non Binding Indicative Offer From Helloworld

Reuters11-19

BRIEF-Webjet Group Receives Non Binding Indicative Offer From Helloworld

Nov 19 (Reuters) - Webjet Group Ltd WJL.AX:

  • RECEIPT OF NON BINDING INDICATIVE OFFER FROM HELLOWORLD

  • SCHEME OF ARRANGEMENT AT AN ALL-CASH PRICE OF A$0.90 PER SHARE

  • WEBJET BOARD HAS AGREED TO PROVIDE HELLOWORLD WITH AN OPPORTUNITY TO CONDUCT DUE DILIGENCE

  • HELLOWORLD CURRENTLY HAS A SHAREHOLDING OF 17.27% IN WEBJET

Further company coverage: HLO.AX

((Reuters.Briefs@thomsonreuters.com;))

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