Therma Bright (TSE:THRM) has released an update.
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Therma Bright Inc. plans to spin off its Consumer Product Portfolio into a separate publicly traded company, aiming to boost strategic focus and unlock shareholder value. The spin-off, expected to complete in the first half of 2025, will allow both companies to concentrate on their growth potential and market opportunities. This move reflects confidence in market conditions and the growth prospects of the consumer medical device industry.
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