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Argentex Group PLC Acquisition by IFX Payments Approved

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Argentex Group PLC Acquisition by IFX Payments Approved

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Argentex Group Plc ( (GB:AGFX) ) has shared an update.

Argentex Group PLC has announced the approval of a recommended cash acquisition by IFX (UK) LTD, trading as IFX Payments, through a scheme of arrangement. The acquisition was approved by the requisite majorities at both the Court Meeting and the General Meeting, with regulatory approvals still pending. The acquisition is expected to become effective in September 2025, with settlement of the cash consideration due shortly thereafter.

More about Argentex Group Plc

Average Trading Volume: 1,008,801

Technical Sentiment Signal: Sell

Current Market Cap: £3.31M

See more insights into AGFX stock on TipRanks’ Stock Analysis page.

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