Kestrel Partners Acquires Significant Stake in K3 Business

K3 Business Technology (GB:KBT) has released an update.

K3 Business Technology Group has announced that Kestrel Partners LLP acquired 25,000 shares of the company, with non-executive director Oliver Scott having a beneficial interest in Kestrel. This purchase increases Kestrel’s indirect control to 28.88% of K3’s issued share capital. The transaction reflects a notable stake acquisition in the software solution provider for fashion and apparel brands.

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