TORONTO, March 02, 2026 (GLOBE NEWSWIRE) -- Further to announcements made on February 2 and 12, 2026, with respect to possible offers made to the board of directors of CAB Payments Holdings plc ("CAB Payments"), a public company listed on the London Stock Exchange, Helios Fairfax Partners Corporation ("Helios Fairfax" or the "Corporation") (TSX:HFPC) announces that, as part of the Helios Consortium (as defined below), it will make a cash offer (the "Offer" or the "Acquisition") to acquire the entire issued and to be issued share capital of CAB Payments Holdings plc ("CAB Payments") excluding CAB Payments shares already owned or controlled by Helios Investors III, L.P. and Helios Investors III (A), L.P. (together "Helios Fund III").
The Helios Consortium is comprised of Helios Investors V, L.P. and Helios Investors V (Mauritius) L.P. (together "Helios Fund V"), Helios Fund III and Helios Fairfax. Helios Fund III owns or controls in aggregate 114,640,189 CAB Payments shares, representing approximately 45.11% of CAB Payments' issued share capital.
The Acquisition will be subject to the satisfaction or waiver of certain pre-conditions. Further information about and a copy of the Offer can be found Rule 2.7 Announcement - 07:00:11 02 Mar 2026 - News article | London Stock Exchange. Under the terms of the Acquisition, each CAB Payments shareholder (other than Helios Fund III) will be entitled to receive USD 1.15 in cash for each ...
