Alpha Group, Corpay Get Extension to Takeover Talks Deadline

Dow Jones

Jul 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)

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Goriainoff \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/002292\">Alpha Group</a> said the deadline for takeover talks with <a href=\"https://laohu8.com/S/CPAY\">Corpay</a> to reach a formal deal has been extended. \n</p>\n<p>\n  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.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. Takeover Panel. \n</p>\n<p>\n  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. \n</p>\n<p>\n  Alpha Group said it believes it is in the best interests of shareholders to continue talks with Corpay. \n</p>\n<p>\n  No financial details have been disclosed. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Anthony O. 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Goriainoff \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/002292\">Alpha Group</a> said the deadline for takeover talks with <a href=\"https://laohu8.com/S/CPAY\">Corpay</a> to reach a formal deal has been extended. \n</p>\n<p>\n  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.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. Takeover Panel. \n</p>\n<p>\n  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. \n</p>\n<p>\n  Alpha Group said it believes it is in the best interests of shareholders to continue talks with Corpay. \n</p>\n<p>\n  No financial details have been disclosed. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 07, 2025 02:36 ET (06:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CPAY","symbol_name":"Corpay","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2549005333","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549005333","pubTimestamp":1751870160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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. 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Goriainoff \n\n\n \n\n\nAlpha Group said the deadline for takeover talks with Corpay to reach a formal deal has been extended. \n\n\n  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. \n\n\n  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. \n\n\n  Alpha Group said it believes it is in the best interests of shareholders to continue talks with Corpay. \n\n\n  No financial details have been disclosed. \n\n\n \n\n\n  Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 07, 2025 02:36 ET (06:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}