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Alpha Group Acquisition by Corpay Approved by Shareholders

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Alpha Group Acquisition by Corpay Approved by Shareholders

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An update from Alpha FX ( (GB:ALPH) ) is now available.

Alpha Group International PLC, a company involved in financial services, has announced the results of its Court Meeting and General Meeting concerning its acquisition by Corpay, Inc. The acquisition, which involves Corpay acquiring all issued and to be issued ordinary share capital of Alpha, was approved by the requisite majority of shareholders at both meetings. The scheme is expected to become effective in the fourth quarter of 2025, pending court sanction and satisfaction of other conditions.

The most recent analyst rating on (GB:ALPH) stock is a Buy with a £4748.00 price target. To see the full list of analyst forecasts on Alpha FX stock, see the GB:ALPH Stock Forecast page.

Spark’s Take on GB:ALPH Stock

According to Spark, TipRanks’ AI Analyst, GB:ALPH is a Outperform.

Alpha FX scores highly due to its strong financial performance and strategic corporate actions like share buybacks. Technical analysis shows positive momentum but warns of overbought conditions. The valuation is mixed with a high dividend yield and moderate P/E ratio.

To see Spark’s full report on GB:ALPH stock, click here.

More about Alpha FX

Average Trading Volume: 593,331

Technical Sentiment Signal: Buy

Current Market Cap: £1.77B

For detailed information about ALPH stock, go to TipRanks’ Stock Analysis page.

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