FRX Innovations Inc (TSE:FRXI) has released an update.
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FRX Innovations Inc. has announced plans to sell its subsidiary, FRX Polymers, Inc., as part of a strategic restructuring effort. The sale will involve a cash payment and the assumption or restructuring of existing financial debt. This move is aimed at optimizing the company’s financial position and focusing on core operations.
For further insights into TSE:FRXI stock, check out TipRanks’ Stock Analysis page.
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