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Evening Standard
Evening Standard
Business
Jonathan Prynn

Britain's biggest pawnbroker H&T snapped up by US giant

HT FirstCash United States Britain Colombia El Salvador Guatemala Mexico United Kingdom
H&T operates 285 stores in the UK (Alamy/PA) -

Britain’s biggest pawnbroking chain H&T has been snapped up by a Texas based operator in a £351 million agreed takeover deal.

Fort Worth headquartered FirstCash has offered 650p in cash and will also pay out an 11p final dividend making 661p in total, representing a 44% premium to the latest price.

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