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Why Did Webjet Reject BGH’s $0.80 Per Share Offer?

2:23am on Monday 2nd of June, 2025 AEST Consumer Discretionary
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Why Did Webjet Reject BGH’s $0.80 Per Share Offer?

2:23am on Monday 2nd of June, 2025 AEST
Key Points
  • BGH’s $0.80 per share offer deemed materially undervalued
  • Board unanimously rejects the unsolicited acquisition proposal
  • Concerns over proposal’s structure and conditions cited
  • Due diligence access denied to BGH
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