Verbrec LtdASX: VBC

Verbrec completes divestment of Competency Training

· Issued by Verbrec Ltd

Filed with ASX · · 2 pages · English

The proceeds from the sale have been receipted by Verbrec, totalling $11.2 million (after adjustments for working capital & net debt estimates). This strategic divestment strengthens Verbrec’s balance sheet, allowing for further investments that deliver shareholder value, including: -Organic growth to improve traction in energy transition, provide further geographic expansion and capital investmen

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