Latest Webjet (Asx:Wjl) News

Webjet Group Limited reports resilient FY25 results following its recent demerger, with a strategic plan to double transaction value by FY30. Despite macroeconomic headwinds, the company maintains strong cash reserves and outlines ambitious growth initiatives.

Webjet’s board has unanimously dismissed BGH’s unsolicited acquisition offer, citing undervaluation and significant uncertainties. The company remains open to proposals that better serve shareholder interests.

BGH Capital has made an unsolicited, non-binding proposal to acquire a controlling interest in Webjet Group at $0.80 per share, signaling potential shifts in ownership for the travel services company.

Webjet Group Limited has confirmed awareness of an undisclosed buyer seeking to acquire a significant stake in the company, coinciding with a recent 5% jump in its share price and heightened trading volumes.