WH Ireland Group plc (GB:WHI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
WH Ireland Group plc has conditionally agreed to sell its Capital Markets Division to Zeus Capital Limited for up to £5 million, in a move to streamline the business and focus on their Wealth Management Division. The sale aligns with the company’s strategy to return to profitability and capitalize on market recoveries, while providing continuity for clients and a stronger combined entity with Zeus. Despite challenging market conditions, the company’s Wealth Management Division maintains £1.2 billion in assets under management and is poised to benefit from recent improvements in the market.
For further insights into GB:WHI stock, check out TipRanks’ Stock Analysis page.
