Travel Daily | HLO-ETG deal revealed

HELLOWORLD Travel will make two payments of cash and shares as part of its acquisition of Express Travel Group (TD 22 Jun), an initial tranche of $40m in cash and $10m in shares upon settlement of the deal, and a second cash payment of $15m plus $5m in shares about two months later, once ETG's 2023 accounts are audited.

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The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 27 Jun 23
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