Sugarbear Announces Strategic Growth Investment From Nexus Capital And Meaningful Partners
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Investegate |Marley Group Limited Announcements | Marley Group Limited: Publication of Registration Document
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Platform provider puts international business up for sale
The group has announced it will look to sell its international business following a strategic review.
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In a statement, Praemium said it had finalised the review of its international arm that had concluded divestment through a formal sale process was the best course of action.
“The proposed divestment will allow Praemium to focus its financial and leadership resources on further accelerating its growth trajectory in the Australian platform market for the benefit of all shareholders,” the group said.
Praemium added that the strategic review of the international business had highlighted its quality leadership and strong sales and revenue momentum.
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