Redivium (ASX:RIL) started a process to appoint professional advisers to evaluate potential restructuring options that could better support the firm's long-term objectives and enhance shareholder value, according to a Tuesday Australian bourse filing.
The terms of reference for the restructuring advisers are being developed, including a review of the firm's operating model, capital structure, and potential pathways to optimize shareholder outcomes, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.