Cuscal Receives ACCC Clearance for Indue Acquisition

Cuscal Limited (ASX: CCL) has received a positive decision from the Australian Competition and Consumer Commission (ACCC) regarding its planned acquisition of 100% of Indue Limited. The ACCC confirmed it will not oppose the transaction, marking a key milestone in Cuscal’s strategic growth initiatives.

Completion remains subject to final conditions, including Australian Prudential Regulation Authority (APRA) approval, and is expected to be finalised before the end of 2025. The acquisition strengthens Cuscal’s position as a leading Australian payments provider, enhancing its scale, customer network, and regulated data services capabilities. Founded in 1966, Cuscal is one of only five Australian institutions — alongside the major banks — licensed to provide full-spectrum payment and data infrastructure. The merger will further consolidate its role in supporting secure and seamless payment connections across Australia’s banking and fintech ecosystem.

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