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Argentex accepts IFX Payments £3 million offer for the company

IFX’s offer values Argentex at just £3 million – a 94% discount to the company’s £52 million valuation when Argentex last traded.

The 2.49 pence-per-share offer equates to a market value of just £3.1 million for Argentex.

The Board of Argentex today confirmed that it has received non-binding indicative proposals regarding separate possible offers for the company.