Open Solutions Completes Acquisition of Datawest

Friday 29 October 2004 16:02 CET | News

The Canadian subsidiary of Open Solutions, has completed the acquisition of all the shares of Datawest Solutions.

The final purchase price was CDN $1.16 per common share for 29,824,126 common shares and CDN $2.60 per preferred share for 5,000,000 preferred shares. The Company’s common shares will be delisted from the Toronto Stock Exchange on or before November 4, 2004 and shortly thereafter the Company will cease to be a reporting issuer in British Columbia and Ontario.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce