Brief: Helloworld Travel Will Acquire Express Travel Group
22/06/2023 02:02
June 22 (Reuters) - Helloworld Travel Ltd HLO.AX :
* HELLOWORLD TO ACQUIRE EXPRESS TRAVEL GROUP
* ACQUISITION WILL BE EARNINGS ACCRETIVE IN FY24 AND BEYOND
* CONSIDERATION FOR ACQUISITION WILL BE A MIXTURE OF SHARES
AND
CASH
* AGREED TO ACQUIRE 100% OF EXPRESS TRAVEL GROUP IN
AUSTRALIA AND
NEW ZEALAND FOR A$70 MILLION
Source text for Eikon: ID:nASX9K6hby
Further company coverage: HLO.AX
((Reuters.Briefs@thomsonreuters.com;))
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