It’s the sort of thing we normally see private equity do, however Cash Converters is taking matters into its own hands. The company has a cash-and-debt headroom to move on rivals, and we expect to see some deals in coming months.
Forgotten financier Cash Converters is set to step up its chase of bombed-out personal lenders, as part of a buy-and-build strategy targeting payday loans.
There’s more trouble on the horizon at BWX Ltd, which is set to face legal action over certification that still appears on some of its Sukin skincare products.
TPG Capital appears to be going further down the “self-advised” route for its capital markets work, hiring an ex-Metrics Credit Partners investor and investment banker for its team in Melbourne.
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