Corpay Inc. Announces Agreement to Acquire Alpha Group International in $2.2 Billion Deal

Reuters
07/23
<a href="https://laohu8.com/S/CPAY">Corpay</a> Inc. Announces Agreement to Acquire Alpha Group International in $2.2 Billion Deal

Corpay Inc. has announced it will acquire Alpha Group International plc, a B2B cross-border FX company, in a cash acquisition valued at approximately $2.2 billion (£1.6 billion). Alpha shareholders will receive £42.50 per share, a 55% premium to the company's closing share price on May 1, 2025. This transaction is expected to close in the fourth quarter of 2025, subject to necessary approvals. The acquisition is set to enhance Corpay's presence in the investment funds segment and is projected to be accretive to its 2026 earnings per share. In response to the announcement, Alpha Group's CEO, Clive Kahn, expressed enthusiasm about the partnership, highlighting Corpay's potential to accelerate Alpha's growth, particularly in the institutional investor business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corpay Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250722258152) on July 23, 2025, and is solely responsible for the information contained therein.

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