2210 GMT - Travel agency Helloworld could lift its EPS by 10%-15% by acquiring Webjet, before accounting for any savings from combining the businesses, Shaw & Partners says. Helloworld is offering A$0.90/share for the roughly 83% of Webjet that it doesn't already own. This implies Webjet's equity is worth some A$353 million. Shaw assumes Helloworld uses debt totaling A$200 million to help fund the takeover. "Revenue synergies include better cross-sell of Webjet's existing airline-only customers, and we estimate potential cost synergies of around A$6.6 million," Shaw says. It adds that Helloworld could boost its EPS by more if it uses less debt and more cash to fund the deal. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
November 20, 2025 17:10 ET (22:10 GMT)
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