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James Fisher & Sons Finalizes Strategic Divestiture
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James Fisher & Sons Finalizes Strategic Divestiture

James Fisher & Sons (GB:FSJ) has released an update.

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James Fisher & Sons plc has successfully completed the divestiture of RMSpumptools Limited to ChampionX UK Limited, a move that bolsters their balance sheet and supports ongoing business transformation and investment in innovative technologies for future growth. The Company assures that this strategic sale aligns with their current performance expectations and 2024 outlook. CEO Jean Vernet expressed gratitude to the RMS team for their contributions and extended best wishes for their new journey with ChampionX.

For further insights into GB:FSJ stock, check out TipRanks’ Stock Analysis page.

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