Viva Leisure Ltd. (AU:VVA) has released an update.
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Viva Leisure Ltd. has strategically invested $2 million for a 34% stake in Boutique Fitness Studios, securing a key position in the Australian and New Zealand boutique fitness market with the option to acquire full ownership. The deal promises to enhance Viva’s diverse fitness offerings and operational technology across over 400 locations, while paving the way for growth in member services and potential cross-sell opportunities.
For further insights into AU:VVA stock, check out TipRanks’ Stock Analysis page.