CAB Payments shares rise as board rejects Helios offer

Cab Payments Holdings

02/03/2026 11:43

Corrects typo in bullet 4

** Shares of cross-border payments processor CAB Payments CABP.L up 2.1% at 86p

** Co says its "independent board" believes that investment firm Helios Consortium's firm offer undervalues CABP

** Advises shareholders of CABP to take no action in relation to the offer at this time

** As of last close, stock has risen 38.61% YTD

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))