Whilst we are waiting on new Findi news, I am wondering peoples thoughts on the following possible. Scenario. Cheers Anton.
In November 2024, Findi Limited, through its subsidiary Transaction Solutions International (India) Pvt Ltd (TSI India), announced the acquisition of Tata Communications Payment Solutions Ltd (TCPSL).
This strategic move led Findi to terminate its managed services contract with India1, India’s largest White Label ATM operator, which it had serviced for over eight years.
Potential Catalyst for India1’s Sale to TSI:
The termination of the service agreement between Findi and India1 could serve as a catalyst for India1 to consider a sale to TSI India for several reasons:
•Operational Disruption: The end of the managed services contract may disrupt India1’s ATM operations, prompting the company to seek a stable operational framework.
•Strategic Realignment: With Findi’s expanded presence in the White Label ATM sector post-acquisition, India1 might reassess its market position and explore consolidation opportunities.
•Resource Optimization: A potential acquisition by TSI India could provide India1 with access to enhanced resources and expertise, ensuring continuity and growth.
Ownership Details of India1:
India1, operating under the brand India1 ATM, is a subsidiary of BTI Payments Pvt Ltd, which is part of The Banktech Group, an Australian company specializing in payment solutions.
In summary, the acquisition of TCPSL by Findi and the subsequent termination of services to India1 could prompt India1 to consider strategic options, including a potential sale to TSI India, to maintain its market position and operational efficiency.
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Whilst we are waiting on new Findi news, I am wondering peoples...
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$3.72 |
Change
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Mkt cap ! $229.9M |
Open | High | Low | Value | Volume |
$3.87 | $3.94 | $3.70 | $451.6K | 119.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 13885 | $3.71 |
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Price($) | Vol. | No. |
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$3.73 | 2132 | 5 |
View Market Depth
No. | Vol. | Price($) |
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5 | 13885 | 3.710 |
5 | 7589 | 3.700 |
4 | 2556 | 3.690 |
3 | 913 | 3.680 |
4 | 6453 | 3.670 |
Price($) | Vol. | No. |
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3.730 | 2132 | 5 |
3.740 | 1507 | 5 |
3.750 | 2205 | 2 |
3.760 | 276 | 2 |
3.770 | 1208 | 2 |
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