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humm Group Limited Engages with The Abercrombie Group on Acquisition Proposal

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humm Group Limited Engages with The Abercrombie Group on Acquisition Proposal

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Humm Group Limited ( (AU:HUM) ) has shared an announcement.

humm Group Limited is currently engaged in discussions with The Abercrombie Group regarding a non-binding indicative proposal for acquisition. The Abercrombie Group is still working through diligence matters and requires additional information from hummgroup to proceed. There is no certainty that these discussions will lead to a transaction for hummgroup shareholders, and no action is required from them at this time. The company will continue to update the market as per its disclosure obligations.

The most recent analyst rating on (AU:HUM) stock is a Buy with a A$0.81 price target. To see the full list of analyst forecasts on Humm Group Limited stock, see the AU:HUM Stock Forecast page.

More about Humm Group Limited

humm Group Limited is a diversified financial services company that offers installment plans for businesses and consumers to facilitate large purchases. Operating in Australia, New Zealand, Ireland, Canada, and the United Kingdom, its main activities include Commercial Lending in Australia and New Zealand, Point of Sale Payment Plans, and various card services in Australia and New Zealand.

Average Trading Volume: 1,398,899

Technical Sentiment Signal: Buy

Current Market Cap: A$317.6M

Find detailed analytics on HUM stock on TipRanks’ Stock Analysis page.

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