See every side of every news story
Published loading...Updated

Webjet says BGH's takeover offer lowballs the company; no deal for now

Summary by themarketonline.com.au
Webjet Group (ASX:WJL) has firmly rejected a takeover bid it received from BGH last week which had the effect of pushing up Web’s share price out of the blue on Thursday 8 May. That shot the stock to 80cps; as of the first half hour of trades on Friday, shares are worth 88cps. Except most investors on HotCopper seem to think that anything below a flat $1.00/sh deal is a direct lowball. Or, to use a corporate term, strategic undervaluation. In th…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

themarketonline.com.au broke the news in on Friday, May 16, 2025.
Sources are mostly out of (0)