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International Personal Finance's Takeover by BasePoint Becomes Effective

MT Newswires·08/04/2026 06:56:14
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06:56 AM EDT, 08/04/2026 (MT Newswires) -- International Personal Finance (IPF.L) said Tuesday the court-sanctioned scheme of arrangement for its acquisition by BasePoint's IPF Parent Holdings became effective after the court order was delivered to the Registrar of Companies. As such, trading in the home credit company's shares on the London stock exchange's Main Market was suspended, with delisting expected on Wednesday. Under the scheme, International Personal Finance shareholders will receive cash consideration of 2.35 pounds sterling per share and a special dividend of 0.15 pound per share.