Field Solutions Holdings (ASX:FSG) has entered into a binding heads of agreement to sell its mining customer base to PIT Mining IT, according to a Tuesday Australian bourse filing.
The deal has a sale value of about AU$5 million, subject to working capital and other adjustments, of which about AU$2 million is subject to performance conditions, the filing added.
The company expects a reduction of AU$4.8 million in operating expenses and AU$12 million in gross revenue associated with the sale as the company aims to reduce revenue concentration and high capital expenditure risk.
The sale is subject to the finalization of a business sale agreement on or before March 1, the filing said.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。