Brief: Funding Circle Says Agreement Reached With Ibusiness Funding To Acquire US Business

Funding Circle Holdings

25/06/2024 07:37

June 25 (Reuters) - Funding Circle Holdings PLC  FCH.L :
    * FUNDING CIRCLE PLC AGREEMENT REACHED WITH IBUSINESS
FUNDING TO
ACQUIRE FUNDING CIRCLE’S US BUSINESS
    * FUNDING CIRCLE HOLDINGS PLC: AGREEMENT REACHED WITH
IBUSINESS
FUNDING TO ACQUIRE FUNDING CIRCLE'S US BUSINESS
    * FUNDING CIRCLE HOLDINGS PLC: TRANSACTION WILL BE FOR A
TOTAL
CASH CONSIDERATION OF £33M
    * FUNDING CIRCLE EXPECTS 15-20% CAGR NET INCOME GROWTH OVER
MEDIUM
TERM

Source text for Eikon:  ID:nEQ8X17Yra 
Further company coverage:  FCH.L 

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