Falanx Group dispose of its Assynt Strategic Intelligence Division (Interview)

Falanx Group plc (LON:FLX) CFO Ian Selby joins DirectorsTalk Interviews to discuss the sale of its Assynt Strategic Intelligence Division for an estimated cash consideration of £4.6 million to Cross Atlantic Solutions LLC. Ian talks us through the highlights, explains how becoming a pure play cyber security business will affect the business, the reasons behind selling the division, use of proceeds and what can Investors expect over the next 6-12months.

Falanx Group protect, defend, and inform businesses in the face of growing political and cyber risks.

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