Clime Investment Management Limited acquired 25% stake in Ralton Asset Management Limited.
Clime Investment Management Limited (ASX:CIW) completed the acquisition of remaining 25% stake in Ralton Asset Management Limited on November 18, 2022. As per the terms of consideration, Clime Investment Management has paid AUD 0.2 million in cash and issued 185,185 shares for 100% stake in Ralton Asset Management. Ralton Asset Management has cash of AUD 0.025 million.