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Karnov Group AB ( (SE:KAR) ) has provided an update.
Karnov Group AB has agreed to sell its Environment, Health, and Safety (EHS) division to Infopro Digital Group for EUR 92 million. This strategic divestment allows Karnov to focus on its core strength in AI-supported legal knowledge and workflow solutions, aiming for long-term profitable growth. The transaction highlights Karnov’s commitment to enhancing its AI-based offerings while exiting the EHS market, which will now be supported by Infopro Digital Group.
The most recent analyst rating on (SE:KAR) stock is a Buy with a SEK125.00 price target. To see the full list of analyst forecasts on Karnov Group AB stock, see the SE:KAR Stock Forecast page.
More about Karnov Group AB
Karnov Group AB is a provider of mission-critical knowledge and workflow solutions to European legal professionals, offering content from over 7,000 authors and experts. Serving more than 400,000 users daily, Karnov operates in Sweden, Denmark, Norway, France, Spain, and Portugal, employing around 1,200 people. The company’s shares are listed on Nasdaq Stockholm under the ticker ‘KAR’.
Average Trading Volume: 98,666
Technical Sentiment Signal: Buy
Current Market Cap: SEK12.17B
See more insights into KAR stock on TipRanks’ Stock Analysis page.