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OFX Group Ends Exclusivity Talks With Equals After Bid Deadline

OFX Group ended its exclusive transaction process with Equals Group after the prospective buyer did not reconfirm its indicative $1.00-per-share takeover proposal by the 23 October deadline.

OFX

OFX Group ASX:OFX has ended its exclusive transaction process with UK payments business Equals Group after the prospective buyer failed to reconfirm its indicative $1.00-per-share takeover proposal by the required 23 October deadline.The terminated process concerned a proposed all-cash acquisition…