OTA set to announce details of a “material acquisition”.
Webjet has just had its shares suspended from trading on the Australian Stock Exchange, with the company requesting the trading halt in connection with a “material acquisition and a capital raising”.
The trading halt will remain in place either until the company makes an announcement to the market regarding the completion of the institutional component of the capital raising, or until the commencement of trading on 07 November 2018.
More details in Travel Daily as they come to hand.