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International Personal Finance PLC on Friday reported that it had cleared all regulatory hurdles for its acquisition by BasePoint Capital LLC. The Leeds, England-based lender announced its agreement to the £543 million all-cash takeover by New York-based BasePoint back in December, following other approaches from BasePoint earlier in 2025. BasePoint is acquiring IPF through the takeover vehicle IPF Parent Holdings Ltd. Last month, regulatory conditions for the deal were satisfied in Hungary, Lithuania, Estonia and Romania, as were antitrust conditions in Poland and Mexico. IPF had said that a financial regulatory clearance in Poland was the final condition outstanding and as of Friday, said all conditions were met. The deal remains conditional on a court sanction, for which a hearing is scheduled on July 31. Subject to the sanction, the acquisition is expected to take effect on August 4. Also on Friday, IPF confirmed that it will pay a special dividend of 15 pence per share. Back in February, it had proposed a final dividend of 9p per share for 2025, resulting in a full-year dividend of 12.8p, up 12% on-year. In 2025, IPF booked revenue of £737.5 million, up 1.5% from £726.3 million in 2024. Pretax profit also grew to £85.3 million, a 16% rise from 2024’s £73.3 million. IPF shares traded 0.4% lower at 248.00p on Friday morning in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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