Tinexta - Business Innovation expansion in France

The announcement of the binding and irrevocable offer to gradually acquire the whole of ABF Group (ABF) is consistent with Tinexta's strategy of internationalising its core businesses, in this case Business Innovation (BI), which is Tinexta's second fastest growing (by revenue) and most profitable division, according to management guidance. The acquisition is expected to be accretive to Tinexta's overall growth and profitability, with an expectation that ABF's future growth will come from a combination of increasing its addressable market and adding incremental services.

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