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Search results for “insolvency”
Lastminute buys WAYN for Just $1.2m
10/14/2016
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8:08:15 PM
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Social travel network WAYN was rescued from insolvency by Lastminute after the Swiss-based company agreed to acquire its assets for a mere USD 1.2 million in a controversial “pre-pack” deal.
Rockaway snaps up failed Unister's assets
12/27/2016
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11:42:01 AM
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Investment house Rockaway Capital bought the assets of Unister Travel. Unister Travel had essentially been up for sale since November 2015.
HNA-Tourism-invested Zhubaijia gets nod for New Third Board listing
04/19/2016
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9:08:10 AM
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Shenzhen Zhubaijia has been approved for a New Third Board listing by the NEEQ System
Travelsky nabs OpenJaw in GuestLogix asset sale, say sources
04/05/2016
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1:02:23 PM
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GuestLogix was recently declared insolvent and has defaulted on its obligations. It decided to sell OpenJaw which was acquired for $41 million in late 2014.This week it is expected to be announced that Dublin-based OpenJaw Technologies has been acquired by China’s state-owned Travelsky Technology.
The EU Wants to Boost Growth and Airbnb and Uber May Benefit Big
01/15/2016
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6:47:05 PM
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Since some member states in EU have to deal with terrorism and immigrate crisis, their budget was strained. In order to promote economic growth, EU commission sought to reduce conflicts between Airbnb,Uber and national regulators.
China's LinkGlobal could enter bidding for Air Berlin
09/13/2017
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10:03:46 AM
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Insolvent German airline Air Berlin has attracted buyer interest from China’s LinkGlobal Logistics, which is likely to join a growing list of suitors, German newspaper Bild said on Wednesday.
Is this the end for Malaysia Airlines?
07/18/2014
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11:35:09 AM
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The loss of a second Boeing 777 in 131 days has put Malaysia Airlines at a very serious financial risk as it struggles to overcome industry and consumer fallout after the disappearance of Flight 370.
Turnaround plan for Alitalia gains momentum
09/10/2008
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9:46:00 AM
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Published: 08 Sep 2008: Alitalia SpA will become a new company in November after a government-backed reorganisation, according to Industry Minister Claudio Scajola.
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