Prestal Holdings LimitedASX: PTL

Sale of Hampers with Bite business

· Issued by Prestal Holdings Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Prestal Holdings Limited has announced the sale of its Hampers with Bite business, pending shareholder approval and certain conditions. The sale involves an Asset Purchase Agreement with Gourmet Brands Two Pty Ltd for the complete acquisition of the Hampers with Bite assets. Prestal's board believes this transaction will allow the company to pursue more valuable business opportunities. Shareholders will vote on the transaction at an extraordinary general meeting scheduled for late June.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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