Kelsian Group tourism portfolio sale wins ACCC approval

• Kelsian Group has received regulatory approval from the ACCC to sell its tourism portfolio to Journey Beyond.
• Shares in Kelsian fell 2.88% to $4.05 following the announcement.
• The sale aims to streamline operations, with completion scheduled for the first half of FY27 pending remaining condition approvals.

Kelsian Group (ASX:KLS) has secured regulatory approval from the Australian Competition and Consumer Commission to proceed with the sale of its tourism portfolio to Journey Beyond.

The regulatory clearance follows initial binding agreements announced on Feb. 24 and subsequent perimeter updates on Aug. 26.

The regulator determined that the divestment could proceed after a statutory 14-day period, as it is unlikely to substantially lessen market competition.

Under the revised transaction perimeter, SeaLink Rottnest is no longer included in the divestment package.

Kelsian stated that completion of the transaction remains subject to FIRB approval and key contract consents, with final settlement expected in H1 FY27.

Following the announcement, the Kelsian Group share price was down at $4.05.

The group recently reported full-year 2026 revenue of $2.42 billion, representing an 8.66% increase over the prior corresponding period.