Big hurdle jumped in Helloworld’s mission to acquire Aussie OTA.
Helloworld has received a no objection and clearance letter from the competition watchdog to acquire all remaining shares in Webjet.
The major travel agency business made a play to buy Webjet on 19 November for 90 cents a share, with the OTA granting Helloworld due diligence access.
Also seeking to acquire Webjet is BGH Capital for 91 cents a share.
More details in tomorrow’s issue of Travel Daily.