Travelsky Technology Ltd (TSYHF) 1.9600 $TSYHF
GuestLogix Closes Sale of Its OpenJaw Business to TravelSky
Marketwire Canada - Fri May 06, 8:32AM CDT
TORONTO, ONTARIO--(Marketwired - May 6, 2016) - GuestLogix Inc. ("GuestLogix" or the "Company"
today announced that it has closed the previously announced sale of all of the shares that its wholly-owned subsidiary, GuestLogix Ireland Limited, owned in OpenJaw Technologies Inc. to an affiliate of TravelSky Technology Limited ("TravelSky" (the "OpenJaw Transaction", for net proceeds of approximately US$38.5 million after closing adjustments but before transactions fees and expenses.
Mooreland Partners Advises TravelSky Technology on its Acquisition of OpenJaw Technologies from GuestLogix, Inc.
PR Newswire Europe - Thu Apr 07, 10:45AM CDT
Mooreland Continues as Active Advisor to the Travel and Hospitality Tech Market; Signature Transaction for Mooreland's Emerging China Cross-Border Practice
GuestLogix Inc. Proposes to Sell Its OpenJaw Business to TravelSky and Announces Cease Trade Order
Marketwired - Tue Apr 05, 11:31PM CDT
- GuestLogix Inc. ("GuestLogix" or the "Company" today announced that it has entered into a definitive share purchase agreement in respect of the sale of all of the shares that its wholly-owned subsidiary, GuestLogix Ireland Limited, owns in OpenJaw Technologies Inc. to an affiliate of TravelSky Technology Limited (the "OpenJaw Transaction". The OpenJaw Transaction resulted from the previously announced court-approved sale and investment solicitation process ("SISP" conducted under the Companies' Creditors Arrangement Act ("CCAA" under the supervision of PricewaterhouseCoopers Inc., the court appointed monitor (the "Monitor" and the direction of the Board of Directors of the Company with the assistance of Canaccord Genuity Corp., the financial advisor to the Company. The Company continues to operate its business under the direction of the Board of Directors of the Company.
Hainan Launches Full Travel Retailing in China with GuestLogix via Strategic Partnership with TravelSky
Marketwired - Thu May 21, 4:01AM CDT
GuestLogix Inc. (TSX: GXI), the leading global provider of ancillary-focused merchandising, payment and business intelligence technology to airlines and the passenger travel industry, today announced that its subsidiary, OpenJaw Technologies, has enabled Hainan Airlines to become the first-ever Chinese airline to launch a complete online travel retailing strategy. The large-scale implementation of OpenJaw's t-Retail Platform was completed in partnership with the leading provider of information technology solutions for China's air travel and tourism industries, TravelSky Technology Limited. The new solution will see Hainan, the largest privately owned air transport company in the People's Republic of China, rank among the world's most innovative airlines who benefit from retailing flights and a full range of air and non-air products through multiple channels, via a single e-Commerce platform.
GXI.TO: 0.09 (-0.01)
GuestLogix Closes Sale of Its OpenJaw Business to TravelSky
Marketwire Canada - Fri May 06, 8:32AM CDT
TORONTO, ONTARIO--(Marketwired - May 6, 2016) - GuestLogix Inc. ("GuestLogix" or the "Company"
today announced that it has closed the previously announced sale of all of the shares that its wholly-owned subsidiary, GuestLogix Ireland Limited, owned in OpenJaw Technologies Inc. to an affiliate of TravelSky Technology Limited ("TravelSky" (the "OpenJaw Transaction", for net proceeds of approximately US$38.5 million after closing adjustments but before transactions fees and expenses. Mooreland Partners Advises TravelSky Technology on its Acquisition of OpenJaw Technologies from GuestLogix, Inc.
PR Newswire Europe - Thu Apr 07, 10:45AM CDT
Mooreland Continues as Active Advisor to the Travel and Hospitality Tech Market; Signature Transaction for Mooreland's Emerging China Cross-Border Practice
GuestLogix Inc. Proposes to Sell Its OpenJaw Business to TravelSky and Announces Cease Trade Order
Marketwired - Tue Apr 05, 11:31PM CDT
- GuestLogix Inc. ("GuestLogix" or the "Company"
today announced that it has entered into a definitive share purchase agreement in respect of the sale of all of the shares that its wholly-owned subsidiary, GuestLogix Ireland Limited, owns in OpenJaw Technologies Inc. to an affiliate of TravelSky Technology Limited (the "OpenJaw Transaction". The OpenJaw Transaction resulted from the previously announced court-approved sale and investment solicitation process ("SISP" conducted under the Companies' Creditors Arrangement Act ("CCAA" under the supervision of PricewaterhouseCoopers Inc., the court appointed monitor (the "Monitor" and the direction of the Board of Directors of the Company with the assistance of Canaccord Genuity Corp., the financial advisor to the Company. The Company continues to operate its business under the direction of the Board of Directors of the Company. Hainan Launches Full Travel Retailing in China with GuestLogix via Strategic Partnership with TravelSky
Marketwired - Thu May 21, 4:01AM CDT
GuestLogix Inc. (TSX: GXI), the leading global provider of ancillary-focused merchandising, payment and business intelligence technology to airlines and the passenger travel industry, today announced that its subsidiary, OpenJaw Technologies, has enabled Hainan Airlines to become the first-ever Chinese airline to launch a complete online travel retailing strategy. The large-scale implementation of OpenJaw's t-Retail Platform was completed in partnership with the leading provider of information technology solutions for China's air travel and tourism industries, TravelSky Technology Limited. The new solution will see Hainan, the largest privately owned air transport company in the People's Republic of China, rank among the world's most innovative airlines who benefit from retailing flights and a full range of air and non-air products through multiple channels, via a single e-Commerce platform.
GXI.TO: 0.09 (-0.01)
