Powerhouse Ventures Ltd. (AU:PVL) has released an update.
Powerhouse Ventures Limited has announced the strategic acquisition of the Informed Investor website from Sequoia Financial Group, intending to transform it into a leading investment communication platform. Additionally, they have acquired New River Asset Management Pty Ltd, an AFSL licensed entity, enhancing their capabilities in funds management and advisory services. Both acquisitions were made in exchange for shares in PVL, reflecting a strategic expansion of the company’s services and a commitment to advancing investor engagement.
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