WH Smith finalised the sale of Funky Pigeon to Card Factory for £24m in cash, focusing on becoming a global travel retailer. Card Factory aims to enhance its digital presence in celebration occasions, expecting the acquisition to be earnings-enhancing by 2027. Funky Pigeon’s online platform will boost Card Factory’s omnichannel capabilities.
Read more at Yahoo Finance: WH Smith completes Funky Pigeon business sale to Card Factory
