“The Directors considered Tianjin ATM Company to be one of its largest competitors in the PRC and that the acquisition of 100% interests in Tianjin ATM Company is a good opportunity to implement market consolidation as well as achieve scale of economy at much reduced costs.”
AU$25 million for 365 ATMs
I’m sort of glad that Customers’ shareholding has dropped to 11%.
I guess when fintronics management proves itself, Chinese banks will be more confident to supply cash that will enable significant acquisitions - and replicate CUS' growth story
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Mkt cap ! $4.202M | |||
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