Praemium UK and international business sale enters final stage

ASX announcement

Jenna Brown
clock • 1 min read

Praemium’s international business sale has entered its next and expected final stage, according to UK and international managing director Mark Sanderson.

Praemium's Melbourne-based parent company yesterday announced to the Australian Securities Exchange (ASX) that the sale sought for its combined operations in the UK, Jersey, Dubai and Hong Kong had made significant progress. Praemium's international business includes the Praemium platform servicing the UK and International markets, Smart Investment Management, and the CRM systems Wealthcraft and Plum. Sanderson said: "The focus throughout has been on finding a potential new owner that is the right fit for us and the right fit for our clients.  I am pleased to say that we are currently...

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