Sale Agreement Termination
HPS has announced that the planned sale of its Testing business has been terminated. Following the expiration of the contractually defined period, certain suspensive conditions necessary for the completion of the transaction were not fulfilled.
As a result, the sales agreement between the involved parties has become void.
Impact on Operations and Commitment
The company emphasized that this development will not impact the continuity of its Testing operations, the quality of services provided to clients, or its commitment to employees.
Focus on Core Business Strategy
In line with its AccelR8 strategy, HPS remains focused on channeling resources and investments into its core business of payment solutions.
The Group will continue to actively explore various options and future opportunities that could revitalize the Testing division, benefiting both clients and affected employees.
Future Communication
HPS will keep the market informed of any significant developments related to this area, in accordance with its financial communication obligations.
