Basepoint Capital Acquires International Personal Finance
Update: 2025-12-29
Description
International Personal Finance, a UK-based doorstep lender, has agreed to a takeover by New York hedge fund Basepoint Capital for £543 million. The Leeds-based firm, serving 1.7 million customers in eastern Europe, Mexico, and Australia, accepted the cash offer of 235p per share plus a dividend of up to 9p. This deal follows Janus Hendersons takeover by Nelson Peltz, raising concerns about foreign buyers acquiring undervalued British firms. The takeover is expected to close in the third quarter of 2026, with no significant staff or customer cuts in the first year. Checkout Solipillow.com
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