the.com/pawnbroker
FirstCash, a US pawnbroker, is acquiring UK rival Ramsdens in a £206 million deal. Ramsdens shares surged 28% on the announcement of the takeover, marking a significant consolidation in the pawnbroking sector.
what's happening
·FirstCash swoops for Ramsdens with £206m bid in cross-border acquisition
·Ramsdens shares jump 28% following US pawnbroker's takeover announcement
·Deal represents blow to London's AIM as UK pawnbroker taken over by US giant
·Acquisition values Ramsdens at $273 million in combined currency terms
drawn from Yahoo Finance UK, Proactive financial news, Sharecast.com, marketscreener.com · updated 9d ago