Findi, the ASX-listed ATM owner backed by the Flannery family, has agreed terms to acquire a payments infrastructure player to bolt onto its Indian subsidiary in the lead-up to spinning it off as a separate entity.
Findi runs ATMs for Indian banks and has been building a payments system, FindiPay. Bloomberg
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
