Helloworld Travel Limited (ASX:HLO) agreed to acquire 34% stake in Australiareiser As from Rolf Kjeseth on March 21, 2023. The consideration for the acquisition will be funded from HLO's existing cash reserves. The transaction is expected to complete at the end of March 2023.

Helloworld Travel Limited (ASX:HLO) completed the acquisition of 34% stake in Australiareiser As from Rolf Kjeseth on April 5, 2023. The consideration paid for the acquisition is AUD 3 million.