UK's IPF gains on $733 million takeover deal with BasePoint entity

Dec 29 -

Shares of International Personal Finance IPF.L up as much as 6.8% at 235p, highest since September 2018

Stock top pct gainer on FTSE 250 index .FTMC

British lender agrees to 543 million pounds ($732.51 million) takeover by co linked to U.S.-based BasePoint Capital

IPF shareholders to receive 235p per share in cash, a price in-line with BasePoint’s September proposal

Including session's gains, stock up ~79% so far this year

($1 = 0.7417 pounds)