Article: CASH CONVERTERS BUYS TWO UK FRANCHISEES.

SYDNEY, Nov 9 Asia Pulse - Cash Converters International Ltd (ASX:CCV) has bought out two of its UK franchisees for STG600,000 ($A1.09 million (US$1.01 million)) as the pawn shop chain seeks to bring more stores under corporate control.

The franchised stores were in northern England, in Nottingham and Loughborough, and had assets of STG207,220, Perth-based Cash Converters said in a statement on Monday, after the share market closed.

After completion, the company's earnings before interest and tax will increase ...

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