Imagine you stumbled upon a Latitude (ASX: LFS) ad that says it allows you to do a 60-months interest free installment just when you were about to reluctantly pay Harvey Norman a couple thousand dollars in a lump sum. You went all bright-eyed and bushy-tailed. Getting an extra 5 years to pay off your new
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In a remarkable series of events headed by one rogue Director, the proposed $335 million sale of Humm’s (ASX: HUM) buy-now-pay-later division to Latitude (ASX: LFS) has been shot down just two days after the Chair of Humm pleaded with shareholders to accept the acquisition proposal. What makes the saga most incredible is the global
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Australia’s OG buy-now-pay-later business is set to be cashed out at a high as the sector undergoes a consolidation phase with Humm Group (ASX: HUM) having been tapped on the shoulder by Latitude (ASX: LFS) for its consumer finance business to the tune of a $335 million offer. The offer comes in the form of
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The somewhat hyped IPO of Latitude Financial Group, which would have been the biggest of 2019, has been pulled from listing after various attempts to encourage brokers and investors to participate in the float. The news comes just one day after lead managers for the IPO contacted prospective investors forewarning that demand for shares in
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