What shareholder action does Cavendish say the transaction outcome depends on?

Cavendish is a UK investment bank providing corporate advisory, broking, M&A advisory, institutional stockbroking, equity capital markets, debt advisory, and private growth capital services.

Sector: Asset Management

Insight

In which market sectors does Cavendish frequently act as an adviser and corporate broker?

Cavendish frequently appears as an adviser and corporate broker on mid‑market UK transactions, particularly in the consumer and retail sectors.

Updated 16 Jul 2026

Insight

What is the status of FirstCash/Chess Bidco's offer for Ramsdens?

FirstCash/Chess Bidco has declared its revised cash offer for Ramsdens final and the Ramsdens board continues to recommend the offer, putting Ramsdens on a clear path toward acquisition by the bidder.

Updated 16 Jul 2026

Insight

How does FirstCash intend to finance the purchase of Ramsdens?

FirstCash intends to draw on its US revolving credit facility (or an amended bridge or other financing if unavailable) and may repay Ramsdens' existing debt as part of the deal.

Updated 16 Jul 2026

Insight

How is the Ramsdens transaction legally structured?

The Ramsdens transaction is structured to proceed by a scheme of arrangement under Part 26 of the Companies Act 2006 and includes a mechanism to adjust the cash consideration for any Permitted Dividends unpaid at completion.

Updated 16 Jul 2026

Insight

What role did Cavendish have in the Ramsdens deal?

Cavendish acted as financial adviser, nominated adviser, broker and Rule 3 adviser to Ramsdens.

Updated 16 Jul 2026

Identifiers

Ticker: CAV
ISIN: GB00BGKPX309

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Cavendish

Cavendish posts marginal revenue rise but core profit dips in year ended March 2026

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