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News: WEB Webjet Explores Separation Of Its Two Leading Travel Divisions

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    May 22 (Reuters) - Webjet Ltd (WEB) :

    • PROPOSED SEPARATION VIA DEMERGER
    • EXPLORING A SEPARATION OF ITS TWO LEADING TRAVEL DIVISIONS
    • EXPLORING A SEPARATION OF ITS TWO LEADING TRAVEL DIVISIONS, WEBBEDS, GLOBAL BEDBANKS BUSINESS AND WEBJET B2C
    • DEMERGER, IF PURSUED AND COMPLETED, WILL CREATE TWO STANDALONE ASX-LISTED COMPANIES
    • TWO COMPANIES EXPECTED TO BE LISTED ON AUSTRALIAN SECURITIES EXCHANGE
    • ANY POTENTIAL TRANSACTION IS EXPECTED TO COMPLETE DURING WEBJET LIMITED'S FY25

    (([email protected];))

 
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