EHS Investments Opposes Helios Consortium Offer for CAB Payments, Citing Undervaluation
EHS Investments, a shareholder holding nearly 1% of CAB Payments Holdings plc (LSE: CABP), has issued a formal statement opposing a potential acquisition offer from the Helios Consortium. EHS argues that the proposal significantly undervalues the company's growth trajectory and strategic progress in scaling its network and diversifying revenue streams. EHS highlights that CAB Payments is approaching an inflection point with strong financial performance despite recent currency volatility. The investor projects adjusted earnings per share (EPS) could reach 15 pence or more by 2028, representing a 30% compound annual growth rate from 2025 levels. Furthermore, EHS suggests the company could return over 25% of its current market capitalization to shareholders via capital returns over the next three years.
Topics: M&A shareholder opposition takeover bid valuation dispute