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Why Did Novatti Sell Emersion for Just $500K? Inside the Strategic Shift

9:56am on Wednesday 3rd of September, 2025 AEST Financial Services
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Why Did Novatti Sell Emersion for Just $500K? Inside the Strategic Shift

9:56am on Wednesday 3rd of September, 2025 AEST
Key Points
  • Sale of Emersion business for $500,000 to CGP Equity
  • Divestment follows strategic review highlighting misalignment with long-term goals
  • US subsidiary excluded from sale and to be wound up
  • Novatti refocuses on scaling core payments infrastructure in AU/NZ
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