Educational supplies company RM (LON: RM.) is disposing of two non-core businesses that are part of its RM Technology division to The Key for up to £16m. This will help to bring down net debt.
The businesses RM is selling (RM Integris and RM Finance) have technology that is used by single-site primary schools. The customer base is increasingly multi-academy trusts and investment would be required to update the technology. The Key has been building market share for single sites. The move in t...
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