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Wellnex Life Divests The Iron Company to Focus on Core Brands

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Wellnex Life Divests The Iron Company to Focus on Core Brands

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Wellnex Life Ltd ( (AU:WNX) ) just unveiled an update.

Wellnex Life Limited has divested the assets of The Iron Company brand to CW Retail Holdings Pty Ltd, part of the Chemist Warehouse group, as part of its strategy to focus on key brands like Pain Away, Wakey Wakey, and Nighty Night. This move follows an internal review post its AIM listing and aims to enhance trade activity within the Chemist Warehouse group, aligning with Wellnex’s renewed strategic focus.

More about Wellnex Life Ltd

Wellnex Life Limited is an innovative consumer healthcare business known for developing, licensing, and marketing products and brands within the growing healthcare market segment.

Average Trading Volume: 95,475

Technical Sentiment Signal: Sell

Current Market Cap: A$17.96M

For an in-depth examination of WNX stock, go to TipRanks’ Overview page.

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