Kelsian Group LimitedASX: KLS

Tourism Portfolio divestment receives ACCC approval

· Issued by Kelsian Group Limited

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Kelsian Group Limited has announced that the Australian Competition and Consumer Commission has approved the sale of its Tourism Portfolio to Journey Beyond. The completion of this sale is still subject to certain conditions and is anticipated to occur in the first half of the fiscal year following the current one. Kelsian expressed satisfaction with the ACCC's decision, which is expected to facilitate the divestment process. The announcement also notes that the sale was previously announced and involves specific agreements and conditions.

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

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