Perpetual (ASX:PPT) agreed to acquire 70% of the shares in financial technology firm Interfi Systems, according to a Friday filing with the Australian bourse.
The sale and purchase agreement also comes with an option to acquire the remaining 30% of Interfi Systems' shares by fiscal 2031, the filing said.
The transaction, to be funded from internally generated cashflows, is expected to be completed before the end of June, per the filing.
Financial terms were not disclosed.
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