HUM management and board should enter into a revised deal with LFS to sell just BNPL and Australian Cards to LFS.
NZ cards was a successful standalone business for many, many years prior to being bought by HUM /FXL.
Further the bulk of the synergies would still be available to LFS for these divisions. You could thus get an okay price for the worst performing assets in the portfolio.
Given they only account for $1bn of receivables a vote wouldn't be needed (combined NZ and Commercial would be $2bn) under ASX guidance note 12.
HUM management and board should enter into a revised deal with...
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73.0¢ |
Change
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Mkt cap ! $358.7M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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|---|---|---|
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