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Webjet readies for buyouts after raising more cash – Sydney Morning Herald

Online travel agent Webjet says it will emerge from hibernation ready to make acquisitions after raising $160 million to boost liquidity and fund takeover deals.

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There have been some extraordinary opportunities that have come past our window over the course of the last two months,” Mr Guscic said. “We didnt have to do this – this wasnt a knee-jerk reaction to…

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