Flexigroup eyes acquisitions

Finance provider plans review of operations, aims to triple profit by 2020.

FlexiGroup (FXL) has hired consultants Bain & Company to review its operations and create a six-year plan partly based on an "aggressive" acquisition strategy, The Australian Financial Review reports.

According to the newspaper, the finance provider is targeting $200 million in net profits by 2020, almost triple the $72m it posted in full-year 2013.

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