Australia's Webjet Group soars on takeover offer
18/11/2025 23:53
** Shares of Webjet Group WJL.AX rise as much as 19.2% to A$0.900, hitting highest since Sept. 23 ** Stock logs its biggest intraday pct gain since March 7, 2016 ** Online travel agency receives takeover offer from ASX-listed Helloworld Travel HLO.AX to acquire all of co's shares HLL does not already own ** WJL says offer price of A$0.90/share is 19% premium to stock's last close ** HLL currently has a 17.27% stake in WJL ** Stock down over 1% this year, including the day's move (Reporting by Rajasik Mukherjee in Bengaluru) ((Rajasik.Mukherjee@thomsonreuters.com))
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