By Elena Vardon
Alpha Group International turned down an all-cash takeover offer from corporate payments company Corpay.
The British financial services business on Tuesday said it received a preliminary and conditional proposal from the group and that its board unanimously rejected it.
Dublin-based Corpay on Friday had confirmed talks between the groups.
No financial details were disclosed.
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
May 06, 2025 02:23 ET (06:23 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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