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Global Crossing Airlines Provides Details on Spin-Out of Canada | The Kingston Whig Standard


The transaction will be carried out by way of statutory plan of arrangement pursuant to the
Canada Business Corporations Act (“CBCA”). Under the terms of the Transaction, GlobalX will distribute 75% of the shares of Jetlines to GlobalX’s shareholders as of the Record Date and retain a 25% interest in Jetlines. Each shareholder of GlobalX as of the Record Date will receive one share of Jetlines for every two shares of GlobalX held on the Record Date. Jetlines intends to operate as a Canadian charter airline once applicable regulatory approvals are in place and the Transaction is essential to achieve compliance with foreign ownership and control restrictions applicable to Canadian airlines. ....

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Coffee Industry Veteran Oswaldo Aranha Neto Joins Demetria, the Ag and Foodtech Startup Spearheading the Transformation of the Commodity's Supply Chain


Coffee Industry Veteran Oswaldo Aranha Neto Joins Demetria, the Ag and Foodtech Startup Spearheading the Transformation of the Commodity s Supply Chain
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BOGOTA, Colombia and TEL AVIV, Israel, April 14, 2021 /PRNewswire/  
Demetria, the first AI-powered taste and quality intelligence SaaS startup for the coffee supply chain, announced today that Oswaldo Aranha Neto is joining the company as International Business Development & Commercial Advisor, bringing over 50 years of expertise in international coffee trading and having played a highly influential role in the commodity s export, both for Brazil and globally.
Aranha Neto gained several years of experience trading coffee in New York and Brazil for agricultural commodities merchant ED&F Man and the former U.K-based commodity house Gill & Duffus plc, at officer and director levels. The former President of the Brazilian Coffee Exporters Federation (FEBEC), he then became executi ....

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