Alpha Group International Rejects Takeover Offer From Corpay

Dow Jones

2025/05/06

By Elena Vardon

Alpha Group International turned down an all-cash takeover offer from corporate payments company Corpay.

The British financial services business on Tuesday said it received a preliminary and conditional proposal from the group and that its board unanimously rejected it.

Dublin-based Corpay on Friday had confirmed talks between the groups.

No financial details were disclosed.

Write to Elena Vardon at elena.vardon@wsj.com

(END) Dow Jones Newswires

May 06, 2025 02:23 ET (06:23 GMT)

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