Source link : https://news7.asia/business/better-choice-sells-halos-business-in-asia-for-8-1-globenewswire/
Better Choice, a leading player in the consumer goods sector, has officially announced the sale of its Halo business in Asia for $8.1 million, according to a GlobeNewswire press release. This strategic transaction marks a significant shift in Better Choice’s operations within the region, as the company aims to realign its focus and resources amid evolving market dynamics. The deal underscores ongoing consolidation trends in the Asian consumer market and highlights Better Choice’s efforts to streamline its portfolio for future growth.
Better Choice Completes Sale of Halo’s Asian Operations for 8.1 Billion Dollars
Better Choice has finalized its strategic divestiture of Halo’s Asian operations, securing a substantial $8.1 billion from the transaction. This move aligns with the company’s broader vision to refocus resources on core markets and streamline global operations. The deal, hailed by industry experts, highlights growing investor confidence in Better Choice’s long-term growth trajectory and its ability to optimize asset portfolios amid evolving market dynamics.
Key aspects of the transaction include:
- Buyer: Apex Ventures, a leading private equity firm specializing in emerging markets
- Scope: Complete transfer of Halo’s entire business footprint across Asia
- Financial Impact: An anticipated boost to Better Choice’s liquidity and shareholder value
- Regulatory Approval: All required clearances secured without delays
| Transaction… |
|---|
—-
Author : William Green
Publish date : 2025-08-18 18:01:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8