Smoove has announced that the deadline for a potential takeover bid from Aussie giant Pexa for the business has been extended.
Talks were first confirmed in April and have been extended a number of times while Pexa sizes up a deal.
However, in a statement, Smoove has now said that Pexa has “substantially completed” its due diligence.
Pexa now has until 17:00 on 6th October to make an offer for Smoove or walk away from the deal.
