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Cuscal Receives APRA Approval for Indue Acquisition

Story Highlights
  • Cuscal Limited is a key player in Australia’s payment services industry.
  • Cuscal’s acquisition of Indue Limited has received APRA approval, finalizing regulatory requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cuscal Receives APRA Approval for Indue Acquisition

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Cuscal Limited ( (AU:CCL) ) has issued an update.

Cuscal Limited has received approval from the Australian Prudential Regulation Authority for its acquisition of Indue Limited, marking the final regulatory step needed for the transaction. The completion of this acquisition is expected by December 1, 2025, which will potentially enhance Cuscal’s market position and operational capabilities in the financial services sector.

The most recent analyst rating on (AU:CCL) stock is a Buy with a A$4.78 price target. To see the full list of analyst forecasts on Cuscal Limited stock, see the AU:CCL Stock Forecast page.

More about Cuscal Limited

Cuscal Limited is an authorised deposit-taking institution in Australia, providing comprehensive payment and regulated data services. It is one of the few organizations in Australia, alongside the four major banks, that offers such a wide range of capabilities, focusing on innovation and investment to enhance its position in the Australian payments industry.

Average Trading Volume: 435,014

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$752.8M

For detailed information about CCL stock, go to TipRanks’ Stock Analysis page.

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