(Reuters) – Spanish safety and innovation firm Indra’s board accepted start looking for options to market a danger in its Minsait Payments firm, the agency acknowledged 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 will actually improve the liberty of its know-how gadget Minsait, of which Minsait Payments is only a element, and open its possession to brand-new vital traders to quicken its improvement.
In August, paper Expansion reported that acquistion fund Cinven equipped 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 acknowledged it would actually focus on its safety and aerospace firm to realize from European nations’ raised military price range plans complying with enhancing globe stress, whereas on the lookout for companions to its non-public know-how corporations.
($ 1 = 0.8983 euros)
(Reporting by Joao Manuel Mauricio in Gdansk, enhancing and enhancing by Inti Landauro and Louise Heavens)
