Jack Nathan Medical (TSE:JNH) has released an update.
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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.
