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Helloworld Travel announces a $353 million takeover bid for Webjet, targeting cost savings, economies of scale and 15% EPS accretion through strategic consolidation.
(AI video summary)
This video was created on 19 November 2025 for IG audiences by ausbiz.
Helloworld Travel has announced a $353 million takeover offer for Webjet, offering $0.90 per share for the online travel agency. The bid follows a sharp decline in Webjet’s share price and falling profits, positioning Helloworld as a strategic consolidator in the travel sector.
Key details of the offer:
At its recent annual general meeting (AGM), Helloworld upgraded its financial year (FY) 2026 earnings guidance to $64–$72 million, representing a 15% – 30% increase year-on-year. This growth reflects both organic expansion and strategic acquisitions, including the $36 million purchase of the remaining 50% stake in Mobile Travel Holdings.
While private equity players such as BGH Capital may re-enter the fray, experts argue that an industry-to-industry merger offers better synergies than a cost-cutting private equity approach. For now, Helloworld appears well positioned to strengthen its foothold in the travel sector.
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