StoneX Group Considers Acquisition of CAB Payments

StoneX Group ( (SNEX) ) just unveiled an announcement.

StoneX Group Inc. has alerted its stockholders about disclosure obligations under the UK City Code on Takeovers and Mergers following CAB Payments Holdings receiving a proposal from StoneX for a potential full acquisition. This move has triggered an offer period, with specific disclosure rules for stockholders owning 1% or more of relevant securities. The situation remains uncertain, as there’s no guarantee an offer will be made or its terms.

See more data about SNEX stock on TipRanks’ Stock Analysis page.