28
Dec
21:28
Safe & Green spin-off receives market evaluation
Safe & Green Holdings' fabricated structures development segment has been estimated at a fair market value of $74.3 million by the advisory firm ValueScope, Kallanish reports.
According to an update from the company, this latest evaluation falls in line with the company's intended objective to spin off 30% of its development subsidiary. Under this plan, Safe's shareholders would receive an estimated $22.3m from the sale.
"After receiving…
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