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CAB Payments pledges growth after StoneX ditches bid talks
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CAB Payments pledges growth after StoneX ditches bid talks
Nov 9, 2024 11:53 AM

LONDON, Nov 7 (Reuters) - CAB Payments ( CABPF ), a

London-listed cross-border payments processor, said on Thursday

it would drive "attractive, sustainable growth" from 2025 after

U.S. rival StoneX Group ( SNEX ) pulled out of takeover talks.

CAB said it noted the announcement by StoneX Group Inc. ( SNEX )

confirming that it did not intend to make an offer. CAB said it

would provide an update on its 2024 full-year trading

performance in January 2025.

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