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Travel Weekly > News > Mystery investor tries to acquire 5% of Webjet
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Mystery investor tries to acquire 5% of Webjet

Sofia Geraghty
Published on: 9th May 2025 at 11:19 AM
Sofia Geraghty
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Katrina Barry has held top roles at Contiki Holidays and Trafalgar Tours.
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A mystery investor is hoping to acquire 5 per cent of shares in Webjet Group, according to an ASX update. 

In the update, published today, Webjet Group disclosed that the undisclosed buyer was hoping to pick up 5 per cent of the WJL shares at a fixed cash price of 80c with the ability to increase the offer size at the buyer’s discretion. The undisclosed buyer is said to have the undisclosed interest of below 5 per cent.

The move caused the share price to increase by 17 per cent this week.

 

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