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EVE Health Group Divests Property for Growth
Company Announcements

EVE Health Group Divests Property for Growth

EVE Health Group Limited (AU:EVE) has released an update.

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EVE Health Group has announced the sale of its ‘Robyndale’ property through its subsidiary Jenbrook to a subsidiary of the renewable energy company Cape Byron Power for $2,125,000, with key conditions including due diligence and FIRB approval. The proceeds will be reinvested to support the growth of Meluka Australia and to seek further acquisitions in the health and wellness sector. This strategic divestment aims to bolster EVE’s portfolio and market presence in the health and wellness industry.

For further insights into AU:EVE stock, check out TipRanks’ Stock Analysis page.

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