GWS Production AB (publ) (OM:GWS) agreed to acquire 51% stake in Travelogix Ltd. for £0.23 million on December 22, 2015. GWS will pay £0.03 million in cash and issue 0.117374 million shares as consideration. The transaction is conditional upon a resolution by the shareholders' meeting in GWS to issue the consideration shares. The shareholders' meeting is planned to be held around January 25, 2016.

GWS Production AB (publ) (OM:GWS) completed the acquisition of 51% stake in Travelogix Ltd. in January, 2016.