Published by Global Banking and Finance Review
Posted on July 30, 2025
1 min readLast updated: January 22, 2026
International Personal Finance is nearing a $655 million takeover by Basepoint Capital, offering a 25% premium on shares. The board recommends the deal.
(Reuters) -Britain's International Personal Finance on Wednesday said it is in advanced talks with U.S.-based specialty finance group BasePoint Capital over a 223.8 pence per share potential takeover offer.
The proposal, a 25% premium to IPF's closing share price on July 29, includes a cash consideration of 220 pence per share and interim dividend of 3.8 pence.
IPF's board will recommend the deal to its shareholders, which values the British financial service company at 490.3 million pounds ($654.50 million), if a firm offer is made.
($1 = 0.7491 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Mrigank Dhaniwala and Janane Venkatraman)
A takeover occurs when one company acquires control of another company, often by purchasing a majority of its shares.
A premium in finance refers to the additional amount paid over the market price for an asset, often seen in acquisition offers.
Share price is the current price at which a single share of a company's stock can be bought or sold.
A dividend is a portion of a company's earnings distributed to shareholders, typically in cash or additional shares.
A board recommendation is a formal suggestion made by a company's board of directors regarding a specific course of action, such as an acquisition.
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