(marketscreener.com) Mission Group PLC on Friday said it sold an 80% stake in Pathfindr to Bandwidth Investments Ltd as part of its wider debt-reduction strategy. The Devon, England-based owner of a group of digital marketing and communications agencies will receive an initial cash consideration of GBP1 million from Bandwidth in exchange for the interest. The sale...https://www.marketscreener.com/quote/stock/THE-MISSION-GROUP-PLC-4006018/news/Mission-Group-sells-Pathfindr-stake-as-part-of-value-restoration-plan-45680646/?utm_medium=RSS&utm_content=20240105
Pathfindr is an England-based industrial IoT platform that offers solutions including asset tracking and tool management for sectors such as aerospace and energy.