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Prime Financial Group Expands Through Strategic Acquisitions and New CFO Appointment

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Prime Financial Group Expands Through Strategic Acquisitions and New CFO Appointment

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An announcement from Prime Financial Group Limited ( (AU:PFG) ) is now available.

Prime Financial Group Limited has announced two strategic acquisitions to bolster its core segments of Wealth and Business, with the addition of new partners and significant revenue potential. Additionally, Prime has executed a Non-Binding Indicative Offer for a potential acquisition in the Wealth segment, which could significantly enhance its investment research and asset management capabilities. The company also appointed Sharon Papworth as the new Chief Financial Officer, bringing extensive experience across various industries, which is expected to strengthen Prime’s leadership team.

The most recent analyst rating on (AU:PFG) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Prime Financial Group Limited stock, see the AU:PFG Stock Forecast page.

More about Prime Financial Group Limited

Prime Financial Group Limited operates in the financial services industry, focusing on wealth management and business advisory services. The company aims to enhance its market presence through strategic acquisitions and partnerships.

Average Trading Volume: 106,585

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$60.22M

For a thorough assessment of PFG stock, go to TipRanks’ Stock Analysis page.

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