Travel site merger

Internet ticket reseller, Webjet, has made a $42 million cash-and-scrip friendly takeover bid for competitor

The merger will create a giant online ticketing and accommodation reseller that will shake up the industry and take on Wotif, an online site that sells distressed inventory on behalf of hotels all around the world.

The merger is an attempt to consolidate and lower costs in an industry that is facing pressures from more aggressive moves by airlines to sell tickets directly to customers through their web sites.

Both companies in the merger have declared a trading halt.


Notify of
Inline Feedbacks
View all comments
SmartCompany Plus

Sign in

To connect a sign in method the email must match the one on your SmartCompany Plus account.
Or use your email
Forgot your password?

Want some assistance?

Contact us on: or call the hotline: +61 (03) 8623 9900.