International Personal Finance - shares which have quadrupled now on end of 235p cash bid
- Mark Watson-Mitchell
- 6 days ago
- 2 min read
Mark Watson-Mitchell - 30.12.2025
Yet another one bites the dust!
The £543m cash bid by IPF Parent Holdings, a newly formed company in the same group as BasePoint Capital LLC, for International Personal Finance (LON:IPF) is worth 235p a share in cash for its shareholders.
Plus an added 9p per share of dividend to be paid to holders in late February this year.
IPF, which is a constituent of the FTSE 250 Index, has seen its shares rise from 121p since last February - showing an excellent 2025 performance prior to this bid.
There are not many quoted companies whose shares have quadrupled in the last four years, but IPF is one of them.
The Business
Established in 1997 as a division of Provident Financial, IPF was demerged and listed on the London Stock Exchange in 2007.
IPF is a leading international financial services provider, headquartered in Leeds, West Yorkshire.
It specialises in delivering unsecured consumer credit and value-added services to underserved consumers across nine markets: Poland, Hungary, Romania, Czech Republic, Mexico, Australia, Latvia, Lithuania, and Estonia.
As a leading provider of financial services internationally, IPF plays a vital role by providing accessible credit to individuals who are unbanked, underserved, or lack sufficient credit history to adequately participate in the banking ecosystem.
Through its diversified product suite, including home credit, digital instalment loans, credit cards, retail credit, digital credit lines, and a mobile wallet, IPF responsibly serves approximately 1.7m customers.
My View
Unsurprisingly my immediate reaction is to sell into the market taking 233p or thereabouts - however there is that 9p a share dividend being offered to resting holders.
But that is easily two months away from settlement - with the market the way it is currently I would suggest that selling now would be the best option, then reinvesting immediately.
(Profile 24.08.20 @ 64p set a Target Price of 80p*)
(Profile 27.11.20 @ 91.25p set a Target Price of 100p*)