Countplus Limited ( (AU:CUP) ) has provided an update.
Count Limited has announced a merger with Johnston Grocke, a prominent accounting and financial planning firm in Adelaide, to expand its presence in South Australia. This merger is expected to significantly boost Count Adelaide’s revenues and enhance its service offerings, aligning with Count’s strategy to grow its national footprint. The company’s stake in Count Adelaide will increase to approximately 65% following the merger’s completion, marking a substantial development in its financial planning business.
More about Countplus Limited
Count Limited operates in the financial services industry, focusing on accounting and financial planning services. The company aims to establish a national footprint through large, scaled equity partnerships.
YTD Price Performance: -7.69%
Average Trading Volume: 66,369
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$120M
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