(Reuters) – Spanish safety and innovation firm Indra’s board accepted start looking for options to market a threat in its Minsait Payments firm, the agency said on Monday in a declaring to the securities market regulatory authority.
The board’s option to introduce an official process to try options for the settlements refining system adheres to the assertion in March it might actually improve the liberty of its expertise gadget Minsait, of which Minsait Payments is only a part, and open its possession to brand-new important buyers to quicken its growth.
In August, paper Expansion reported that acquistion fund Cinven provided in between 500 million euros and 600 million euros ($ 557-668 million) for Minsait Payments.
Indra, which is 28% had by the Spanish federal authorities, has said it should actually focus on its safety and aerospace firm to realize from European nations’ raised military finances plans complying with enhancing globe stress, whereas in search of companions to its non-public expertise corporations.
($ 1 = 0.8983 euros)
(Reporting by Joao Manuel Mauricio in Gdansk, modifying and enhancing by Inti Landauro and Louise Heavens)
