UPDATE: FlexiGroup sees scope to lift credit card spend for F&P Finance cards

Mon, 26 Oct 2015

(Recasts to adds details of FlexiGroup strategy, funding) By Jonathan Underhill Oct. 27 (BusinessDesk) - FlexiGroup, the ASX-listed financial services company, says it sees a significant opportunity to lift the share of New Zealand credit spending captured by Fisher & Paykel Finance Holdings' Q card and Farmers Finance card, should its $315 million acquisition be approved. FlexiGroup has agreed to buy F&P Finance from its parent, F&P Appliances Holdings, the home appliances maker owned by China's Haier Group, subject to approval from t...

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