m_and_a
confidence high
sentiment positive
materiality 0.75
FirstCash receives UK FCA approval for H&T acquisition; expected close Aug 14, 2025
FirstCash Holdings, Inc.
- UK Financial Conduct Authority approved the cash acquisition of H&T Group plc on July 30, 2025.
- Court sanction hearing scheduled for August 12, 2025; Effective Date expected August 14, 2025.
- Acquisition to be implemented via scheme of arrangement under UK Companies Act; remaining conditions include court sanction.
- H&T shareholders approved the scheme at meetings on July 2, 2025.
- FirstCash subsidiary Chess Bidco is the acquirer; Jefferies acts as sole financial adviser.
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