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Flight Centre to Sell 47% Stake in Pedal Group for $61.7 Million
8:34am on Wednesday 8th of April, 2026 AEST
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Consumer Discretionary
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Flight Centre to Sell 47% Stake in Pedal Group for $61.7 Million
8:34am on Wednesday 8th of April, 2026 AEST
Key Points
FLT to sell 47% stake in Pedal Group for $61.7 million
Transaction supports portfolio simplification and strategic focus on travel
Sale subject to shareholder approval at May 14 Extraordinary General Meeting
Independent expert deems terms fair and reasonable
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