Resimac Group Ltd (ASX:RMC) agreed to acquire 60% stake in International Acceptance Pty Ltd. for AUD 6 million on December 12, 2019. As a part of consideration Resimac Group will acquire AUD1.08 million cash of International Acceptance Pty Ltd. Under the terms, Resimac holds an option to acquire remaining 40% in International Acceptance Group. The acquisition is expected to be completed on January 1, 2020. Resimac Group Ltd (ASX:RMC) completed the acquisition of 60% stake in International Acceptance Pty Ltd. on January 1, 2020.