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An announcement from NCC Group plc ( (GB:NCC) ) is now available.
NCC Group plc has completed the sale of its non-core Fox Crypto business in the Netherlands to CR Group Nordic AB for €78.5 million. This move is part of NCC Group’s strategy to streamline its operations and focus on its core cyber security business, using the proceeds to reduce debt and support growth, thereby enhancing shareholder value.
More about NCC Group plc
NCC Group is a global cyber security and software escrow business, leveraging a workforce of approximately 2,200 employees across Europe, North America, and Asia Pacific. The company focuses on delivering cyber resilience solutions for both public and private sector clients worldwide, driven by a mission to ensure a secure digital future.
YTD Price Performance: -7.48%
Average Trading Volume: 1,055,279
Technical Sentiment Signal: Buy
Current Market Cap: £421.9M
Find detailed analytics on NCC stock on TipRanks’ Stock Analysis page.