Latest news with #AGFX
Reuters
3 days ago
- Business
- Reuters
IFX Payments mulls withdrawing takeover offer for UK's Argentex
July 21 (Reuters) - Cross-border payments provider IFX Payments said on Monday that it was considering withdrawing its takeover offer for Argentex (AGFX.L), opens new tab, days after the British currency risk management company appointed administrators amid a funding shortfall.
Reuters
26-06-2025
- Business
- Reuters
Argentex unit accepts UK financial watchdog's restrictions post collapse
June 26 (Reuters) - Britain's Argentex (AGFX.L), opens new tab on Thursday said its unit has agreed to certain trading restrictions imposed by the UK's Financial Conduct Authority following the currency risk manager's collapse amid extended market volatility.
Reuters
09-06-2025
- Business
- Reuters
UK's Argentex rejects Lavide's investment proposal
June 9 (Reuters) - Argentex (AGFX.L), opens new tab said on Monday it had rejected an equity investment proposal from the Netherlands-based Lavide Holding NV ( opens new tab to obtain a 50% stake in the British currency risk manager for 2.5 million pounds ($3.39 million) and a potential provision of a 15 million pound credit line. The British company rejected the proposal, stating it neither covers the full share capital nor provides sufficient funding compared to an agreed deal with IFX Payments. ($1 = 0.7376 pounds)
