Personal Group Holdings (GB:PGH) has released an update.
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Personal Group Holdings PLC has sold its technology salary sacrifice division, Let’s Connect, to The Perkbox Vivup Group for £2.0 million to focus on its core insurance and benefits platform offerings. The decision comes as a strategic move after a review highlighted these areas as the most promising for sustainable growth. The sale will not only streamline the company’s structure but also bolster its balance sheet, positioning it to capitalize on future opportunities.
For further insights into GB:PGH stock, check out TipRanks’ Stock Analysis page.
