BGH Capital and Ariadne failed to acquire Webjet Group.

Ariadne Australia, a diversified investment company, and BGH Capital, an Australian private equity company failed to acquire Webjet Group, a travel and technology company. Financial terms were not disclosed. The board of Webjet, after consulting with financial and legal advisers and considering shareholder feedback, concluded that the proposal posed substantial uncertainties and was not in the best interests of shareholders. The company remains committed to maximizing shareholder value and is open to considering acquisition proposals that align with this objective.