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Cash Converters Raises $25M to Acquire 29 Franchise Stores and Expand Corporate Network
9:30am on Monday 27th of October, 2025 AEDT
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Financial Services
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Cash Converters Raises $25M to Acquire 29 Franchise Stores and Expand Corporate Network
9:30am on Monday 27th of October, 2025 AEDT
Key Points
Proposed acquisition of 29 franchise stores forming Cash Converters Investment Group
Equity raising of approximately A$25 million via placement and entitlement offer
EZCORP commits to full subscription and sub-underwriting to maintain 43.65% ownership
Acquisition expected to be earnings accretive and funded by cash reserves and equity proceeds
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Cash Converters International (ASX:CCV)
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