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ASX 200 drops, Webjet reveals B2B plan, Cimic wins again

Sumary of ASX 200 drops, Webjet reveals B2B plan, Cimic wins again:

  • The ASX travel business announced a transformation strategy update today for its business to business division called WebBeds…
  • As part of the update, it said that it has made a US$4.1 million investment into a business called LockTrip Holdings UK, with an option to increase that to 51%…
  • LockTrip provides a business to consumer hotel marketplace, underpinned by blockchain technology with a utility token, LOC…
  • This acquisition will accelerate the development of its own blockchain expertise, integrate Locktrip into the Webjet OTA for its business to consumer hotel offering and there the potential for migration of the Rezchain application onto the Hydra chain because it solves many of the issues that prevent the wholesale adoption of Blockchain as an underlying platform…
  • VTH) Vitalharvest is the target of a bidding war between Roc Private Equity and Macquarie Agricultural Funds Management as trustee for the Macquarie Agriculture Fund – Crop Australia 2….

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