EQT Holding Limited (ASX: EQT), the parent company of Equity Trustees, has announced its ongoing review of its investment in the UK and Ireland, along with exploring potential avenues for the future of its business in these regions. Despite the well-established nature of the businesses, possessing valuable licenses, a competent team, and a solid client base, the regulatory landscape has become increasingly stringent, and competition has intensified.
Consequently, there has been a rise in costs and pricing pressure, necessitating future investments. At present, EQT Holdings Limited is in the process of evaluating strategic options but has not yet arrived at any conclusive decisions. The company’s management stated that they are carefully evaluating the situation to determine the most advantageous path forward for its operations in the UK and Ireland, taking into account the evolving regulatory environment and heightened market competition.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
