Brief: Webjet Explores Separation Of Its Two Leading Travel Divisions

Web Travel

22/05/2024 01:10

May 22 (Reuters) - Webjet Ltd  WEB.AX :
    * PROPOSED SEPARATION VIA DEMERGER
    * EXPLORING A SEPARATION OF ITS TWO LEADING TRAVEL DIVISIONS
    * EXPLORING A SEPARATION OF ITS TWO LEADING TRAVEL
DIVISIONS,
WEBBEDS, GLOBAL BEDBANKS BUSINESS AND WEBJET B2C
    * DEMERGER, IF PURSUED AND COMPLETED, WILL CREATE TWO
STANDALONE
ASX-LISTED COMPANIES
    * TWO COMPANIES EXPECTED TO BE LISTED ON AUSTRALIAN
SECURITIES
EXCHANGE
    * ANY POTENTIAL TRANSACTION IS EXPECTED TO COMPLETE DURING
WEBJET
LIMITED'S FY25


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