Prenetics Sells Europa Sports Partners in $13 Million All-Stock Deal
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Prenetics Global Ltd. has sold its subsidiary Europa Sports Partners in an all-stock deal valued at up to $13 million, contingent on performance milestones. This divestiture aims to enhance operating margins starting in Q2 2026 by eliminating losses from Europa, which were around $6 million in FY 2025. The sale aligns with Prenetics' strategy to optimize its portfolio and focus on expanding the IM8 brand globally. The transaction was completed on January 1, 2026, and will not affect the company's 2025 financial results.
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