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CAB Payments Continues to Rebuff Helios Investment's Takeover Offer

MT Newswires·08/13/2026 08:22:38
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08:22 AM EDT, 08/13/2026 (MT Newswires) -- CAB Payments (CABP.L) said the latest takeover offer by the Helios consortium continues to "fundamentally undervalue" the company and its prospects. Helios Investment Partners said the same day the consortium maintained its $1.15-per-share takeover offer for the British payment services company after CAB Payments announced its inaugural interim dividend. The board said Helios had an opportunity to improve its offer but opted not to, and recommended that shareholders take no action.