The latest announcement is out from FiscalNote Holdings ( (NOTE) ).
FiscalNote Holdings, Inc. has announced the sale of its South Korean subsidiary, Aicel Technologies, for $9.65 million, marking a strategic move to divest non-core assets and streamline operations. This transaction allows FiscalNote to further deleverage its balance sheet and concentrate on its core business areas, enhancing long-term growth potential and shareholder value. The sale is part of a broader strategy to improve operational efficiency and maximize financial flexibility.
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