BusinessCloud Email Newsletter
BusinessBite live blog

Activist investor scuppers £287m CAB Payments takeover

Published: April 20, 2026 at 4:10 pm

Author: Jonathan Symcox

An activist investor has scuppered the mooted £287 million US takeover of CAB Payments.

The FinTech said today it is ‘deeply concerned’ that shareholder Helios Consortium will reject the 10 pence-per-share offer from American payments giant StoneX as it pursues its own £213m bid.

Fortune 500 firm StoneX is listed on New York’s Nasdaq exchange.

Subscribe to our newsletter

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.