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The latest update is out from Prime Financial Group Limited ( (AU:PFG) ).
Prime Financial Group announced that its acquisition, Altor Capital, has exceeded expectations by reaching its maintainable EBITDA target within the first year, instead of the anticipated three years. This achievement supports Prime’s strategy of pursuing EPS-accretive acquisitions to enhance its business capabilities and scale, and they have a Non-Binding Indicative Offer signed for another business in the Wealth segment.
More about Prime Financial Group Limited
Prime Financial Group Limited is an Advisory, Capital & Asset Management Group that operates in Accounting & Business Advisory, Wealth Management, SMSF, and Capital. It serves clients in Melbourne, Sydney, and Brisbane.
YTD Price Performance: 4.55%
Average Trading Volume: 74,985
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$55.05M
Find detailed analytics on PFG stock on TipRanks’ Stock Analysis page.