News
Conclusion of discussions regarding a potential acquisition of Humm
Monday, 22 Jun 2026
Credit Corp Limited (ASX:CCP, “Credit Corp”) refers to its previous announcement regarding its non-binding indicative proposal to acquire 100 per cent of Humm Group Limited (ASX:HUM, “Humm”).
Following a period of commercial due diligence, Credit Corp raised a number of matters which it was unable to gain comfort on following further discussions with Humm. Consequently, it informed Humm on the evening of Friday 19 June that its bid was materially reduced relative to its non-binding indicative offer.
Humm has confirmed over the weekend that a mutually acceptable transaction cannot be agreed between the two parties. Credit Corp confirms it has ceased discussions with Humm regarding a potential transaction.