StoneX Group ( (SNEX) ) just unveiled an announcement.
StoneX Group Inc. has alerted its stockholders about disclosure obligations under the UK City Code on Takeovers and Mergers following CAB Payments Holdings receiving a proposal from StoneX for a potential full acquisition. This move has triggered an offer period, with specific disclosure rules for stockholders owning 1% or more of relevant securities. The situation remains uncertain, as there’s no guarantee an offer will be made or its terms.
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