Jumbo Interactive jumped 10% to a two-week high of $10.75 after unveiling a ~$110m cash-scrip acquisition of UK-based Dream Car Getaways. Citi’s Adrian Lemme says the $109.9m price implies 6.5x EV/adjusted EBITDA for the 12 months to April 30, 2025, below Jumbo’s 8.1x FY25 EV/EBITDA.
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