Latest Business Divestment News

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Saferoads Holdings has divested its Road Safety Rentals business for $10.8 million, repaid debt, and is now focusing on rebuilding its core product sales with new hires and product innovation.
Victor Sage
Victor Sage
20 Nov 2025
Clime Investment Management has agreed to sell its retail client book for $1.65 million, marking a strategic shift to focus on its wholesale business and high-net-worth clients.
Claire Turing
Claire Turing
19 Nov 2025
Gathid Ltd reports a stable customer base despite a short-term dip in annual recurring revenue, while managing ongoing legal disputes and positioning for renewed growth.
Sophie Babbage
Sophie Babbage
29 Oct 2025
MedAdvisor Solutions reported a steep 52.8% revenue decline in Q1 FY26, impacted by US regulatory pressures and vaccine program delays, while embarking on a strategic transformation to restore growth.
Ada Torres
Ada Torres
22 Oct 2025
RPMGlobal Holdings clarifies the reasons behind withdrawing its FY2025 earnings guidance following the divestment of its Advisory business, providing detailed updates on software segment performance and compliance with ASX disclosure rules.
Sophie Babbage
Sophie Babbage
9 Sept 2025
Saferoads Holdings Limited reported a net profit of $4.35 million for FY2025, driven largely by a $5.27 million gain from the sale of its Road Safety Rental business. Continuing operations showed a modest loss amid a 14% revenue decline.
Victor Sage
Victor Sage
29 Aug 2025
My Foodie Box Ltd reported a net loss of $240,933 for FY25 following the divestment of its core meal kit business and is now pursuing a complex relisting on the ASX amid ongoing funding needs and going concern uncertainties.
Victor Sage
Victor Sage
22 Aug 2025
MedAdvisor reports a significant revenue decline in FY25 amid US program delays but strengthens its balance sheet through a capital raise and ANZ business sale. The company signals a strategic pivot with potential US business divestment on the horizon.
Victor Sage
Victor Sage
31 July 2025
RPMGlobal reports a strong 30.9% rise in software sales for FY2025, driven by subscription growth, with recurring revenue and backlog reaching new highs.
Sophie Babbage
Sophie Babbage
4 July 2025
Gumtree Australia Markets Limited has agreed to sell its Capital Markets Business to ADVFN Limited for $6.8 million, streamlining its focus and reducing debt significantly.
Sophie Babbage
Sophie Babbage
30 June 2025
RPMGlobal Holdings reveals a significant reduction in corporate costs for FY2026 following the divestment of its Advisory business, setting the stage for a leaner operational focus on its core software segment.
Sophie Babbage
Sophie Babbage
13 May 2025
ReNu Energy has completed the sale of its hydrogen division and is set to acquire Janus Electric, a pioneer in electric truck battery swapping, backed by a substantial capital raise to scale operations.
Maxwell Dee
Maxwell Dee
30 Apr 2025