Altus Group Ltd. (ASGTF.PK, AIF), Thursday announced the completion of the sale of its global property tax business to Ryan, LLC, a tax services, software, and technology firm, for C$700 million.
The company expects the transaction to transform it into a pure-play software, data, and analytics platform.
The consideration will be used to pay debt to targeted ratios, invest in innovation, return capital to shareholders, and restructure corporate overhead.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.