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The conditional deal would combine payment technology with structured FX products to create an expanded alternative banking solution ...
Today, alternative banking partner IFX Payments announces they have reached an agreement in principle to acquire Argentex Group PLC, a publicly listed FX options and electronic money institution, ...
Currency management firm Argentex confirmed on Friday it had agreed to a takeover by IFX Payments after its boss exited the ...
Argentex Group Plc, the UK finance firm set up to help customers manage volatile currency swings, should have taken some of ...
British currency risk management company Argentex said on Friday it has struck a deal to be taken over by cross-border payments provider IFX Payments as it navigates a liquidity crisis, and that its ...
Argentex Group said it has appointed its Chief Operating Officer Tim Rudman as interim chief executive officer after the sudden departure of its CEO.
The 2.49 pence-per-share offer from IFX Payments values the company at about 3 million pounds ($3.99 million). Argentex also said it had secured bridge funding for about 6.5 million pounds from IFX, ...
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By Sinead Cruise, Chandini Monnappa LONDON (Reuters) -British currency risk management company Argentex is in advanced talks with IFX Payments about a possible offer and emergency funding as it ...
On Tuesday, Argentex said trading in its shares has been suspended on London's AIM market as it grapples with a sharp deterioration in its short-term liquidity position.
Argentex is exposed to significant volatility in foreign exchange rates, particularly to the weakening of the U.S. dollar against other major benchmark currencies triggered by the sweeping tariffs ...