Posera Ltd. (TSX:PAY) announced that as Posera repositions its products and re-establishes its position at the forefront of hospitality technology, Posera has also continued the strategic review process. “Much of Posera’s energy this year has been spent on conducting a strategic review process,” said Akash Sahai, Executive Vice President, Strategy and Business Development, at Posera. “We agree with the assessment of our financial advisors, BDO, that privatisation is an appropriate strategy for Posera. We have reviewed several offers of interest to privatise Posera and have engaged in discussions with several interested parties. We believe we are nearing the end of the strategic review process and should be able to make an announcement about a significant strategic partnership soon”.