May 2 (Reuters) - Helloworld Travel Ltd (HLO) :
- TO ACQUIRE A 40% STAKE IN ADELAIDE BASED RETAIL TRAVEL AGENCY BUSINESS, PHIL HOFFMANN TRAVEL
- ACQUISITION OF 40% STAKE IN PHIL HOFFMANN TRAVEL WILL BE EARNINGS ACCRETIVE IN FY24 AND BEYOND
- CONSIDERATION FOR ACQUISITION WILL BE FUNDED FROM HLO'S EXISTING CASH RESERVES
- CONSIDERATION FOR STAKE IN PHIL HOFFMANN TRAVEL REPRESENTS FY23 EBITDA MULTIPLE OF ABOUT SIX TIMES FORECAST EARNINGS FOR PHT
News: HLO Helloworld Travel To Acquire A 40% Stake In Phil Hoffmann Travel
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$2.42 |
Change
0.050(2.11%) |
Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.45 | $2.37 | $883.2K | 364.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $2.41 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 10000 | 2 |
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