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Credit Corp pulls $385m offer for Abercrombie’s troubled Humm (opens original article in a new tab)

TL;DR

Credit Corp has abandoned its $385 million takeover bid for Humm Group due to concerns over the company's issues and pressure from regulatory and investor actions.

  • Credit Corp withdrew $385m takeover offer for Humm Group
  • Humm faces governance issues and scrutiny from Takeovers Panel
  • Activist investor campaign pressured Credit Corp

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