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K3 Business Technology ( (GB:KBT) ) has issued an update.
K3 Business Technology Group PLC announced that its shareholders have approved the sale of NexSys Solutions Limited to SYSPRO for £36.0 million. This strategic divestment is expected to streamline K3’s operations and enhance financial flexibility, with the completion of the transaction anticipated in early January 2025.
More about K3 Business Technology
K3 Business Technology Group PLC is a provider of business-critical software solutions with a focus on fashion and apparel brands.
YTD Price Performance: -30.40%
Average Trading Volume: 7,944
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £35.3M
For a thorough assessment of KBT stock, go to TipRanks’ Stock Analysis page.