Retail software business to raise £7.5m on stock market
Salford-based K3 Business Technology Group, the listed business which provides software and managed services to the retail, manufacturing and distribution sectors, plans to raise £7.5m through a share placing.
The £90m-turnover company is already in the process of reviewing its resources to refocus its growth strategy around its cash generating business units and large SME customer base.
It said the proceeds raised will be used to strengthen its balance sheet and provide additional working capital whilst the board continues wi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
