CAB Payments Holdings PLC rejects a takeover bid from Helios Investment Partners, calling it undervalued. The company’s latest financial results fail to prompt a response from shareholders or the market. Helios leads a consortium seeking to acquire the payments firm.
CAB Payments Holdings Limited reports record income over two consecutive quarters. The company reaffirms its growth targets amid strong financial performance.
Helios Investment Partners declines StoneX’s £1.10-per-share bid for CAB Payments Holdings PLC. The consortium cites unspecified reasons for opposing the acquisition proposal. The decision follows StoneX’s formal offer to acquire the payment services firm.
CAB Payments Holdings PLC rejects the Helios consortium’s potential acquisition offer as undervaluing the company and its growth potential. The firm maintains confidence in its future prospects despite the proposed deal.
