CAB Payments Rejects StoneX Takeover Proposal
Hey Payments Fanatic!
Takeover activity is picking up again across payments infrastructure. 👀
But not every offer is landing.
CAB Payments has rejected an unsolicited acquisition proposal from StoneX, which valued the company at 95 pence per share.
The board unanimously concluded that the offer significantly undervalues the business and its future prospects, pointing to improved financial performance and stronger medium-term outlook.
This matters for the payments ecosystem because it shows that publicly listed infrastructure players are becoming more confident in their positioning, even amid external interest and consolidation pressure.
It also signals that valuation expectations in the sector may still be misaligned between buyers and targets.
Keep scrolling 👇 There’s more movement across the payments landscape below. I will be back tomorrow in your inbox.
Cheers,
INSIGHTS
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🇬🇧 CAB Payments rejects StoneX's possible acquisition offer. CAB Payments said today that the Independent Board, together with its advisers, has carefully evaluated the StoneX Possible Offer and concluded unanimously that it significantly undervalues CAB Payments and its prospects.
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