1. ALLA AKTIER
  2. NYHETER
  3. VÄSTRA HAMNEN CORP. FINANCE

Västra Hamnen Corp. Finance

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Crunchfish: Intention to divest Gesture Interaction

  • Announcing strategic move in intention to divest the gesture business
  • Focus on Digital Cash
  • We await the year-end report before adjusting fair value

Crunchfish recently announced the intention to divest its Gesture Interaction business. After a strategic review, the company decided that the gesture business has better prospects in a different strategic setting. The company has engaged EY Corporate Finance to find a partner for the business area.

We see several possible advantages if the company will be able to reach a deal. In our model, Gesture Interaction accounts for only five per cent of total sales by 2033. A divestment would reduce current operational costs by 25 per cent when completed according to Crunchfish.

The full report is available here.

About Market Focus

The research report is prepared as part of Market Focus, Västra Hamnen Corporate Finance's commissioned research offering.

This is a press release from Västra Hamnen Corporate Finance AB. 
Web: vhcorp.se
Twitter: @vhcorp_se (https://twitter.com/vhcorp_se)

Datum 2024-02-08, kl 08:20
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