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The latest announcement is out from Cuscal Limited ( (AU:CCL) ).
Cuscal Limited has received a positive decision from the Australian Competition and Consumer Commission (ACCC) regarding its acquisition of Indue Limited. With this approval, and pending further regulatory consent from the Australian Prudential Regulation Authority (APRA), the acquisition is expected to be completed by the end of the year, potentially enhancing Cuscal’s market position and operational capabilities in the payments sector.
The most recent analyst rating on (AU:CCL) stock is a Hold with a A$4.00 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 a range of payment and regulated data services. It is one of the few organizations in Australia, alongside the four major banks, with the capability to support all payment types. Founded in 1966 to serve mutual banking organizations, Cuscal has focused on innovation and investment to become a leading player in the Australian payments industry.
Average Trading Volume: 334,169
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$773.9M
Learn more about CCL stock on TipRanks’ Stock Analysis page.