Statement regarding information in the media
Following a media article published today, Intrum can confirm an ongoing dialogue with the Italian bank Intesa Sanpaolo regarding an acquisition of a servicing platform and a portfolio of non-performing loans (NPLs). These discussions are at an early stage and no further details will be disclosed.
Intrum is the leading supplier of credit management services in Europe and continuously evaluates portfolio investments or possible M&A targets in all markets where the group operates.
As pointed out at the capital markets day recently held in Stockholm, the activity level in the market for NPLs is currently high and therefore such discussions are to be considered part of the day to day business of Intrum.
For further information, please contact:
Annika Billberg, Chief Brand & Communications Officer
Tel: +46 702 67 97 91
Intrum is the industry-leading provider of Credit Management Services with a presence in 24 markets in Europe. Intrum helps companies prosper by offering solutions designed to improve cash flows and long-term profitability and by caring for their customers. To ensure that individuals and companies get the support they need to become free from debt is one important part of the company’s mission. Intrum has more than 8,000 dedicated and empathetic professionals who serve more than 100,000 companies across Europe. In the 12 months ending September 2017, pro-forma revenues amounted to SEK 12.1 billion. Intrum is headquartered in Stockholm, Sweden and the Intrum share is listed on the Nasdaq Stockholm exchange. For further information, please visit www.intrum.com.