Australia's Findi gains on nod to buy India's Tata Communications unit

Findi

02/02/2025 23:57

** Shares of Findi  FND.AX  rise 14.6% to A$4.96, while the
broader benchmark index  .AXJO  was down 1.8%
    ** Stock hit highest level since Jan. 21
    ** The financial technology provider says the Reserve Bank
of India approves acquisition of Tata Communications' unit, Tata
Communications Payment Solutions or Indicash
    ** Stock down 8.5% this year as of last close

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com;))