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A&O Shearman-Led Payments Biz Rejects $297M Helios Bid

By Dawood Fakhir ( March 5, 2026, 3:57 PM GMT) -- Cross-border payments business CAB Payments said Thursday that its board unanimously recommends that shareholders reject the "highly opportunistic" planned $297 million takeover offer from private equity shop Helios, as its business reaches "the same peak revenue levels as 2023."...

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