Alpha Group, Corpay Get Extension to Takeover Talks Deadline

Dow Jones
07/07
 

By Anthony O. Goriainoff

 

Alpha Group said the deadline for takeover talks with Corpay to reach a formal deal has been extended.

The British financial services business said Monday that the takeover deadline has been extended to July 24 from July 7, at which point Corpay would need to announce a formal deal or withdraw its plan. The deadline can be extended by the board with the consent of the U.K. Takeover Panel.

On May 2, Dublin-based corporate payments company Corpay confirmed talks with Alpha Group regarding a possible cash offer. Four days later, Alpha Group turned it down.

Alpha Group said it believes it is in the best interests of shareholders to continue talks with Corpay.

No financial details have been disclosed.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

July 07, 2025 02:36 ET (06:36 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10