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Kanabo Group Sells Subsidiary Amid Restructuring Efforts

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Kanabo Group Sells Subsidiary Amid Restructuring Efforts

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The latest update is out from Kanabo Group ( (GB:KNB) ).

Kanabo Group PLC, currently in administration, has completed the sale of its subsidiary, The GP Service Limited, to Green UK Wholesale Ltd. This strategic move allows the company to focus on restructuring and exploring options to exit administration, potentially lifting the suspension of trading in its shares.

More about Kanabo Group

Kanabo Group PLC operates in the healthcare industry, focusing on providing medical services and products. It has been involved in the development and distribution of healthcare solutions, with a particular emphasis on innovative medical technologies.

Average Trading Volume: 414,525

Technical Sentiment Signal: Sell

Current Market Cap: £1.42M

See more data about KNB stock on TipRanks’ Stock Analysis page.

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