Mergers & Acquisitions ·
FirstCash Holdings, Inc. announced the proposed acquisition of Ramsdens Holdings PLC for 609 pence per share in cash…
FCFSFirstCash Holdings, Inc.
FirstCash Holdings, Inc. announced the proposed acquisition of Ramsdens Holdings PLC for 609 pence per share in cash, consisting of 600 pence from FirstCash's subsidiary Bidco and a 9 pence per share dividend due October 9, 2026. To finance the deal, FirstCash entered into a Bridge Term Loan Credit Agreement for up to £218 million. The transaction is expected to close in the second half of 2026, subject to shareholder and regulatory approvals. FirstCash operates in the financial services industry, providing specialty finance and pawn brokerage services.