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Argo Corporation Advances Restructuring and Divestment Plans

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Argo Corporation Advances Restructuring and Divestment Plans

Steer Technologies (TSE:ARGH) has released an update.

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Argo Corporation, operating under Steer Technologies Inc., has announced the closure of its electric vehicle subscription business in North America and is working towards divesting its majority stake in FoodsUp Inc., a leading restaurant supply platform. The company is exploring alternative transaction structures to provide its shareholders with value from the FoodsUp divestment.

For further insights into TSE:ARGH stock, check out TipRanks’ Stock Analysis page.

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