Credit Corp Group Ends Acquisition Talks With Humm Group

MT Newswires Live

Jun 22

Credit Corp Group (ASX:CCP) has ceased discussions with Humm Group (ASX:HUM) regarding a potential acquisition, ending takeover talks after the parties were unable to agree on terms, according to a Monday filing with the Australian bourse.

Credit Corp identified unresolved concerns during commercial due diligence and reduced its indicative offer, per the filing.

Humm Group confirmed that a mutually acceptable transaction could not be reached, resulting in both parties ending discussions, the filing added.

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