CAB Payments rises after rejecting StoneX's takeover offer

Cab Payments Holdings

20/03/2026 08:10

** Shares of cross-border payments processor CAB Payments CABP.L up 3.9% at 93.5p

** CABP's Independent Board rejects StoneX's takeover offer at 95 pence per share in cash

** Independent Board says StoneX offer significantly undervalues co and its future prospects

** YTD, stock up about 45%

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))