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Cuscal Limited (ASX:CCL)

ALERT: Price-sensitive ASX Announcement for CCL
Current share price for CCL : $4.770 -0.01 (-0.21%)+
Announcement
Release
24 Apr 2026 8:20AM
Price at Release
$4.780
Full Release
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Summary
Cuscal Limited has announced the successful completion of the French Works Council consultation process concerning its acquisition of Paymark Limited from Retail International Holding S.A.S. (Worldline). Cuscal will acquire 100% of Paymark's issued share capital and associated equity interests. An exclusive arrangement and a Put Option Agreement were established between Cuscal and Worldline, allowing Worldline the option to sell Paymark shares to Cuscal. Worldline has exercised this option irrevocably and unconditionally, with the acquisition expected to complete on 29 May 2026.
Key Points
  • Cuscal Limited announces completion of French Works Council process
  • Cuscal to acquire 100% of Paymark Limited from Worldline
  • Put Option Agreement between Cuscal and Worldline
  • Worldline exercises option to sell Paymark shares to Cuscal
  • Acquisition expected to complete on 29 May 2026
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.