ASX-listed Webjet acquires hotel booking firm Destinations of the World for $173m

A security guard looks out from a window of the Australian Securities Exchange (ASX) with a board displaying stock prices behind him in Sydney, Australia, May 26, 2016. REUTERS/Steven Saphore

Australia-listed online travel agency Webjet is acquiring Dubai-based global B2B travel business Destinations of the World (DOTW) for $173 million, according to a disclosure on Monday.

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