BRIEF-Webjet Reaches Agreement With ACCC

Reuters
28 Feb
BRIEF-Webjet Reaches Agreement With ACCC

Feb 28 (Reuters) - Webjet Group Ltd WJL.AX:

  • WEBJET REACHES AGREEMENT WITH ACCC-WJL.AX

  • REACHED AGREEMENT TO RESOLVE COURT PROCEEDINGS AGAINST WEBJET MARKETING PTY

  • TO PAY A PROPOSED TOTAL PENALTY OF A$9 MILLION

  • IMPACT OF PROPOSED PENALTY BE RECOGNISED AS AN EXPENSE IN GROUP'S FY STATUTORY INCOME STATEMENT

Further company coverage: WJL.AX

((Reuters.Briefs@thomsonreuters.com;))

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