US EditionIPF of Leeds gets £490m takeover approach from US – Northern Financial Review
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IPF of Leeds gets £490m takeover approach from US – Northern Financial Review
Leeds-based International Personal Finance (IPF) said on Wednesday that it is in advanced talks with US specialty finance firm BasePoint Capital about a possible takeover worth 223.8p per share or £490 million. The Leeds firm said the possible offer is at a value that its board “would be minded” to recommend unanimously to IPF shareholders. IPF said it provides “affordable credit products and insurance services to underserved consumers across ni…
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