Valvoline $VVV (+0,27%) has entered into a strategic partnership with Franchise Equity Partners (FEP) announced. This partnership is designed to support the growth of franchisees and help them secure capital for expansion and business development. FEP will provide investments of up to 100 million US dollars, focusing on strategic projects. The aim is to strengthen Valvoline's network and provide franchisees with greater financial flexibility.
However, the partnership and weak forecasts for 2025 were not received so positively by the market, with the share price falling by around 7%.
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