Ocean Wilsons Holdings (GB:OCN) has released an update.
Ocean Wilsons Holdings Ltd has announced an agreement to sell its subsidiary Wilson Sons for approximately $593 million, as part of a strategic move to enhance shareholder value. The company’s investment portfolio saw a 5.7% increase in value, driven by strong performances in the technology and insurance sectors. Wilson Sons reported a 12.4% increase in net revenues for Q3 2024, showcasing significant growth in its container terminal operations.
For further insights into GB:OCN stock, check out TipRanks’ Stock Analysis page.
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