IFX Payments is weighing the possibility of pulling its takeover offer for UK-based foreign exchange firm Argentex, according to people familiar with the matter.
The deliberations come amid reported disagreements over valuation and strategic direction, though no final decision has been made. IFX, a London-based fintech company, had previously expressed interest in acquiring Argentex as part of its expansion in the currency solutions sector.
Both companies have declined to comment on the potential withdrawal. Argentex shares fell slightly following the news, reflecting investor uncertainty about the deal’s future.
The situation remains fluid, with market observers watching closely for further developments.
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