Alpha Group International to be acquired by Corpay in recommended cash deal
Why we think this is neutral
This RNS announcement details a recommended cash acquisition of Alpha Group International PLC by Corpay, Inc. to be effected by a scheme of arrangement. While this is a significant corporate event, it does not fall into any of the mandatory news categories that would require a more detailed analysis of the sentiment.
Key Points
- Recommended cash acquisition of Alpha Group International PLC by Corpay, Inc.
- To be effected by a scheme of arrangement under Part 26 of the Companies Act 2006
- Alpha Directors unanimously recommend Alpha Shareholders vote in favor of the Scheme
Summary
The financial services company Alpha Group International has agreed to be acquired by Corpay in a recommended cash deal.
Alpha Group International PLC has agreed to be acquired by Corpay, Inc. in a recommended cash deal to be effected by a scheme of arrangement. The Acquisition is subject to Alpha Shareholder and Court approval. The Alpha Directors unanimously recommend that Alpha Shareholders vote in favor of the Scheme.
Key Dates
2 September 2025
Court Meeting and General Meeting
Late Q4 2025
Expected Effective Date of the Scheme
GENERAL UPDATE