CAB Payments Holdings Limited (GB:CABP) has released an update.
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CAB Payments Holdings PLC is currently considering a revised unsolicited non-binding proposal from StoneX Group Inc. for a potential acquisition at GBP 1.45 per share, with an alternative full share option. This follows previous proposals from StoneX, starting at GBP 1.15 per share, which were deemed unsuitable by CAB Payments’ Board. The company has announced that StoneX must declare its firm intention to make an offer or withdraw by 7 November 2024.
For further insights into GB:CABP stock, check out TipRanks’ Stock Analysis page.
