Brief: Take Solutions Sees Impact On Short-Term Profitability Due To Aborting CRO Business Stake Sale

Take

04/01/2022 10:08

Jan 4 (Reuters) - Take Solutions Ltd  TAKE.NS :
    * WILL EXPENSE ALL COST PERTAINING TO PROPOSED STAKE SALE OF
ITS
'NAVITAS' CRO BUSINESS TO HIG CAPITAL DURING CURRENT QUARTER
    * HAS HAD INCREASED LEGAL EXPENSES DURING CURRENT QUARTER
WHICH IS
LIKELY TO LAST OVER NEXT FEW QTRS
    * ABORTION OF PROPOSED STAKE SALE OF 'NAVITAS' CRO BUSINESS
TO HIG
CAPITAL WILL HAVE ADVERSE IMPACT ON SHORT-TERM PROFITABILITY OF
CO

Source text for Eikon:  ID:nBSE9V86Zh 
Further company coverage:  TAKE.NS 

 ((Reuters.Briefs@thomsonreuters.com;))