Jack Nathan Medical (TSE:JNH) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Jack Nathan Health has completed the sale of its Canadian business to WELL Health Technologies for Cdn$5 million, eliminating over Cdn$15 million in debt and streamlining its capital structure. The company will focus on its profitable Mexican operations, including clinics in Walmart locations, while securing future growth through a cash infusion from the asset sale.
For further insights into TSE:JNH stock, check out TipRanks’ Stock Analysis page.
