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Calian Group To Sell Texas-Based US Commercial IT Business To Trace3, Stock Up
Source: Nasdaq
M&A & RestructuringCompany FundamentalsTechnology & InnovationAnalyst Insights
Calian Group announced an agreement to sell its U.S. commercial IT business in Houston to Trace3. The deal is a portfolio/strategy shift toward digital transformation, which may be viewed modestly positively for Calian’s focus, though no financial terms or impact figures were provided.
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