M&A
confidence high
sentiment neutral
materiality 0.75
FirstCash raises cash offer for Ramsdens to 684p/share, aggregate ~£229M
FirstCash Holdings, Inc.
- Revised offer: 675p cash per share + 9p permitted dividends, total 684p, up from 609p.
- Aggregate cash consideration ~£229M, an increase of ~£26M over initial offer.
- Offer represents 49% premium to Ramsdens' closing price of 453p on 22 June 2026.
- Bidco has received irrevocable undertakings and letters of intent for ~17.25% of Ramsdens shares.
- Revised offer declared final; expected completion in H2 2026 subject to approvals.