Brief: Addvise Explores Potential Divestment Of Subsidiary Germa

ADDvise AB (publ)

11/11/2024 12:02

Nov 11 (Reuters) - ADDvise Group AB (publ)  ADDVa.ST :
    * ADDVISE EXPLORES POTENTIAL DIVESTMENT OF ITS SUBSIDIARY
GERMA
    * GERMA HAS SHIFTED ITS FOCUS PRIMARILY TOWARDS DEFENSE
EQUIPMENT,
WHICH FALLS OUTSIDE OF ADDVISE'S CORE BUSINESS WITHIN LIFE
SCIENCE
    * ADDVISE IS THEREFORE EVALUATING OPTIONS TO FIND A NEW
OWNER WHO
CAN FURTHER DEVELOP GERMA AND MAXIMIZE ITS FULL POTENTIAL WITHIN
DEFENSE SEGMENT

Source text:  ID:nWkrgrBQk 
Further company coverage:  ADDVa.ST 

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