Ramsdens Holdings PLC (AIM:RFX) shares jumped 13.6% to 670p after an improved takeover offer was secured after shareholder feedback prompted US pawnbroking group FirstCash to raise its recommended bid. FirstCash increased the cash consideration to 675p a share from 600p.
FirstCash (FCFS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Shares in Ramsdens Holdings PLC (AIM:RFX) jumped 28% to 580 pence after the company agreed a recommended cash takeover by FirstCash, the US pawnbroking group. The deal values Ramsdens at up to around £206 million on a fully diluted basis.
| Financial Services Industry | Financials Sector | Rick L. Wessel CEO | XMEX Exchange | US33768G1076 ISIN |
| US Country | 22,000 Employees | 15 May 2026 Last Dividend | 22 Feb 2006 Last Split | 25 Apr 1991 IPO Date |
FirstCash Holdings, Inc, together with its subsidiaries, is a leading operator of retail pawn stores, with a significant presence in the United States, Mexico, and the rest of Latin America. The company's operations are segmented into three main areas: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions. Initially known as FirstCash, Inc, the company underwent a name change to FirstCash Holdings, Inc in December 2021. Since its incorporation in 1988, FirstCash Holdings has established a strong footprint in the pawn industry, catering to cash and credit-constrained consumers. The company's headquarters are located in Fort Worth, Texas, symbolizing its deep roots in the American business landscape.
FirstCash Holdings, Inc offers a wide range of products and services designed to meet the needs of its diverse clientele. These include: