LOWVulnerability
Global
Equals to acquire OFX
·Source: Finextra
Updated:
Executive Summary
Following the Strategic Review announced to the market on 5 February 2026, OFX Group Limited (ASX: OFX) (“OFX”) today announces that it has entered into a Transaction Process Deed (“Transaction Process Deed”) regarding an all-cash acquisition of 100% of the issued share capital of OFX by Alakazam Holdings Bidco Limited (“Equals”), the direct owner of UK- based international payments company Equals
Analysis
Following the Strategic Review announced to the market on 5 February 2026, OFX Group Limited (ASX: OFX) (“OFX”) today announces that it has entered into a Transaction Process Deed (“Transaction Process Deed”) regarding an all-cash acquisition of 100% of the issued share capital of OFX by Alakazam Holdings Bidco Limited (“Equals”), the direct owner of UK- based international payments company Equals Group Limited.