Helloworld gets ACCC clearance for potential Webjet acquisition
Helloworld Travel Limited (Helloworld) confirmed on December 3, 2025, that it has received a no-objection and clearance letter from the ACCC regarding its non-binding indicative proposal to acquire Webjet Group Limited (Webjet). This regulatory approval is a key condition for the proposed acquisition, which seeks to acquire all Webjet shares not already owned by Helloworld via a Scheme of Arrangement.
The proposal, first announced on November 19, 2025, offers a cash consideration of A$0.90 per Webjet share. Key conditions include the satisfactory completion of confirmatory due diligence, entry into a Scheme Implementation Agreement, and a unanimous recommendation from the Webjet board for its shareholders to vote in favor.
Helloworld has been granted due diligence access by Webjet's board and is currently progressing its review. The ACCC clearance marks a significant milestone in Helloworld’s efforts to potentially expand its market presence.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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