DDM Debt acquires a portfolio in the Czech Republic
DDM Debt AB (Nasdaq Stockholm: DDM2) announces that it has entered into an agreement to acquire a portfolio of distressed assets from a leading bank in the Czech Republic. The total investment amounts to approximately EUR 12 million. The portfolio has been purchased from a seller we have previously acquired portfolios from, confirming DDM’s reputation as a preferred buyer. The acquisition will be fully financed by cash on hand within DDM Debt. Andreas Tuczka, CEO of DDM, commented: “This investment is in line with our strategy to continue to grow the DDM group. We are pleased to