Helloworld Travel acquires full stake in Mobile Travel Agents for A$36 million
MELBOURNE: Helloworld Travel Ltd (ASX:HLO) said on Tuesday it has acquired the remaining 50% stake in Mobile Travel Holdings, trading as Mobile Travel Agents (MTA), for approximately A$36 million, bringing its total investment in the Gold Coast-based mobile travel agency to around A$50 million. The deal, which values MTA at five times earnings, is expected…