Australia's Webjet rejects BGH Capital's $201 million offer to buy controlling stake
16/05/2025 24:08
May 16 (Reuters) - Australian online travel agency Webjet Group WJL.AX dismissed an A$314 million ($201.02 million) bid from private equity firm BGH Capital for a controlling stake on Friday, saying the offer undervalues the company. ($1 = 1.5620 Australian dollars) (Reporting by Nichiket Sunil in Bengaluru; Editing by Mohammed Safi Shamsi) ((Nichiket.Sunil@thomsonreuters.com;))
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