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Cornerstone Agrees to Sell EMI-Licensed Subsidiary Avila for £300K

Cornerstone Agrees to Sell EMI-Licensed Subsidiary Avila for £300K

Cornerstone FS Plc (AIM: CSFS) announced on Friday the decision to sell its non-core subsidiary Avila House, an electronic money institute, to Aspire Commerce (trading as MulootMoney.com) for £300,000.

The two companies, Cornerstone and Aspire, have already entered a share purchase agreement, and the payment will be made in cash. In addition to the Read More

Posted: Dec 23 2022, 10:09
Author Name: financemagnates
Views: 102051

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