SHARES in Webjet jumped more than 6% to $12.37 this morning, after the company downplayed speculation it is the subject of a takeover offer.
CEO John Gucsic issued a statement saying, “from time to time we consider acquisition interest in the business”.
“Should a proposal be received that was compelling and certain, the company would put it to shareholders…no such proposal exists at present,” he said.
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Source: traveldaily