CAB Payments pledges growth after StoneX ditches bid talks
07/11/2024 07:30
LONDON, Nov 7 (Reuters) - CAB Payments CABP.L , a
London-listed cross-border payments processor, said on Thursday
it would drive "attractive, sustainable growth" from 2025 after
U.S. rival StoneX Group SNEX.O pulled out of takeover talks.
CAB said it noted the announcement by StoneX Group Inc.
confirming that it did not intend to make an offer. CAB said it
would provide an update on its 2024 full-year trading
performance in January 2025.
(Reporting by Kirstin Ridley; editing by Sinead Cruise)
((kirstin.ridley@thomsonreuters.com; +44 (0) 207 513 5666;))