Aug 8 (Reuters) - Latitude Group Holdings Ltd (LFS) :
- ANNOUNCES AGREEMENT TO SELL HALLMARK INSURANCE BUSINESS
- ENTERED INTO AGREEMENT TO SELL LATITUDE INSURANCE HOLDINGS TO ST ANDREW'S INSURANCE GROUP FOR A$20.3 MILLION
- SALE WILL ALLOW LATITUDE TO RELEASE A$90 MILLION OF CAPITAL INTO ITS CORE BUSINESS
- EXPECTED TO RECORD A POST-TAX LOSS OF APPROXIMATELY A$30 MILLION ON SALE
- COMPLETION OF TRANSACTION EXPECTED TO OCCUR BETWEEN LATE Q4 2022 AND Q1 2023
News: LFS Latitude Group Holdings Announces Agreement To Sell Hallmark Insurance Business
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Last
$1.15 |
Change
-0.008(0.65%) |
Mkt cap ! $1.195B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.15 | $1.12 | $40.87K | 35.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5496 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 24549 | 3 |
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| LFS (ASX) Chart |