Camellia (GB:CAM) has released an update.
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Camellia Plc is set to complete the sale of its shares in BF&M Limited to Bermuda Life Insurance Company Limited for $100 million, expecting a net profit of approximately £10.7 million. The transaction marks a significant step for Camellia, with the company poised to provide further updates to shareholders regarding the deployment of the proceeds.
For further insights into GB:CAM stock, check out TipRanks’ Stock Analysis page.
