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CAB Payments rebuffs StoneX’s 95p-a-share approach as undervaluing business

Story Highlights
  • CAB Payments’ independent board rejected StoneX’s 95p-per-share proposal as significantly undervaluing the company.
  • The board cites improving performance and strategic EM network, while investors await StoneX’s next move under UK rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CAB Payments rebuffs StoneX’s 95p-a-share approach as undervaluing business

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An announcement from CAB Payments Holdings Limited ( (GB:CABP) ) is now available.

CAB Payments has rejected an unsolicited, non-binding cash proposal from StoneX Group Inc. to acquire the entire issued and to be issued share capital of the company at 95 pence per share, after its independent board unanimously concluded the approach significantly undervalues the business and its future prospects. The board, which consulted major shareholders and pointed to stronger FY25 performance and medium-term guidance, highlighted the strategic value of CAB Payments’ emerging market network and regulated platform, while stressing there is no certainty StoneX will proceed with a formal offer and advising investors to take no action for now under the U.K. Takeover Code process.

The decision underscores management’s confidence in CAB Payments’ ability to deliver attractive total returns independently and signals a firm stance on valuation amid improving financial and operational momentum. The ongoing situation leaves StoneX facing a looming Panel-imposed deadline to either announce a firm intention to bid or walk away, a juncture that could reshape CAB Payments’ ownership structure or reinforce its current strategy depending on StoneX’s next move.

The most recent analyst rating on (GB:CABP) stock is a Hold with a £100.00 price target. To see the full list of analyst forecasts on CAB Payments Holdings Limited stock, see the GB:CABP Stock Forecast page.

Spark’s Take on CABP Stock

According to Spark, TipRanks’ AI Analyst, CABP is a Neutral.

The score is mainly driven by mixed financial performance: a strong, conservatively levered balance sheet is offset by highly volatile cash flows and uneven revenue/margin trends. Technicals are moderately supportive with the stock above key moving averages, while valuation looks reasonable on P/E but lacks dividend yield data.

To see Spark’s full report on CABP stock, click here.

More about CAB Payments Holdings Limited

CAB Payments Holdings PLC is a U.K.-based provider of cross-border payments and foreign exchange services, with a particular focus on emerging markets. The group operates a regulated platform and leverages a relationship-led approach and a differentiated emerging market network to win and retain institutional clients seeking efficient and compliant international payment solutions.

Average Trading Volume: 502,974

Technical Sentiment Signal: Buy

Current Market Cap: £228.7M

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

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