RevoluGROUP Canada (TSE:REVO) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
RevoluGROUP Canada Inc. is poised to sell its Spanish subsidiary RevoluPAY EP, S.L.U. to a U.K. financial group, with the deal potentially closing within 3 to 5 months, subject to regulatory approvals. The transaction, valued at approximately CAD 4.3 million, is part of a strategic shift to focus on the Canadian and U.S. markets, targeting the development of Banking as a Service (BaaS) and the appointment of a new CEO.
For further insights into TSE:REVO stock, check out TipRanks’ Stock Analysis page.
