Ocean Wilsons Holdings (GB:OCN) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Ocean Wilsons Holdings Ltd has announced an agreement to sell its subsidiary Wilson Sons for approximately $593 million, as part of a strategic move to enhance shareholder value. The company’s investment portfolio saw a 5.7% increase in value, driven by strong performances in the technology and insurance sectors. Wilson Sons reported a 12.4% increase in net revenues for Q3 2024, showcasing significant growth in its container terminal operations.
For further insights into GB:OCN stock, check out TipRanks’ Stock Analysis page.