Cuscal considers IPO plans after recording a surge in earnings
James EyersSenior Reporter
Cuscal, which connects non-major banks to the payments system, is eyeing a run at the ASX and could list by the end of the year if there is sufficient investor demand after reporting a near-quarter rise in its earnings over the past 12 months.
If it lists, Cuscal will become the year’s second-biggest float after Mexican-themed restaurant chain Guzman y Gomez, helping pry open a dormant IPO market.
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