WEB 0.00% $14.38 webjet limited

AFR confirms multiple bidders interested in WEB

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    https://www.copyright link/street-talk/webjet-sale-taxis-towards-runway-company-lawyers-up-20200113-p53qwx

    "Street Talk understands Webjet's board, led by John Guscic, got together in December to talk about how much they thought the business was worth if the listed company pursued a sale.

    It is understood Webjet and its bankers at Goldman Sachs received indicative views on the company's valuation last month from prospective buyers, which were then discussed at the pre-Christmas board meeting.

    Webjet did not respond to requests for comment before publication.

    It is not clear if talks with any parties have progressed further or if any were granted due diligence on the back of this board meeting. Sources said the process had not been formalised, and had in fact slowed down in recent weeks to accommodate a couple of new tyre-kickers."

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Buyers (Bids)

No. Vol. Price($)
1 231 $15.11

Sellers (Offers)

Price($) Vol. No.
$14.00 960 1
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