Plan B continues Strategic Financial acquisition
Plan B has exercised a call option to take another 26 per cent in Strategic Financial, taking its holding in the Melbourne-based advisory group to 86 per cent.
The purchase price consists of cash of $1.5 million and more than 1.5 million Plan B shares, which were trading today at around 75 cents.
Plan B managing director Denys Pearce said the integration of Strategic is proceeding well, with Plan B undertaking a scheduled acquisition of the business.
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