IPF Parent Holdings Limited and International Personal Finance Plc (IPF.L) have agreed on the terms of a recommended cash offer for the acquisition of the entire issued and to be issued ordinary share capital of International Personal Finance.
Under the terms of the Acquisition, International Personal Finance shareholders will be entitled to receive 235 pence in cash for each IPF share. In addition, eligible shareholders will be entitled to retain any final dividend declared by IPF in respect of its financial year ended 31 December 2025, up to a maximum of 9 pence per share. This dividend, if declared, is expected to be announced on 25 February 2026 alongside IPF's full-year results.
The Acquisition values the entire issued and to be issued ordinary share capital of IPF at approximately 543 million pounds, excluding any permitted dividend. The offer represents a premium of approximately 31.1% to the closing price of 179.2 pence per IPF share on 29 July 2025, which was the last business day prior to the commencement of the offer period.
Completion of the acquisition is expected to take place during the third quarter of 2026.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.