Advantage solutions simplifies international footprint as the company continues to refocus on its core business and accelerate growth

Irvine, calif., dec. 12, 2023 (globe newswire) -- advantage solutions inc. (nasdaq: adv), a leading provider of sales and marketing services to consumer goods manufacturers and retailers, today announced a plan to streamline and restructure its international businesses in an effort to sharpen its focus on core markets and accelerate growth. the changes will reduce back-office complexities and expenses, simplify financial reporting, eliminate losses in certain asian businesses and enable the company to trade a minority interest in a foreign business for shares of advantage stock.
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