Experience Co LtdASX: EXP

Skydive Australia Strategic Review Update

· Issued by Experience Co Ltd

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Experience Co Ltd has signed a non-binding term sheet with Inflite Group to divest its skydive business while retaining a minority interest in a combined aviation-tourism business. The proposed transaction aims to create a leading integrated aviation tourism platform across Australia and New Zealand, following a strategic review of Experience Co's Skydive Australia unit. Completion of the transaction is subject to various conditions, including due diligence and regulatory approvals, and there is no certainty it will proceed.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Experience Co Ltd on 6ix

Earlier from Experience

Later from Experience

All Experience news releases