Colligent acquires large portfolio of consumer credit
Colligent, which is part of the Collector Group, has entered into an agreement to acquire a major Swedish portfolio of overdue consumer credit.The agreement includes a credit portfolio with a total amount receivable of approximately SEK 500 million. The acquisition is being financed in full through the Group's own funds. The seller is one of the major players in the Nordic consumer credit market. The transaction is expected to have a positive effect on earnings effective from the second quarter 2018. Colligent, which is a wholly owned subsidiary of Collector AB (publ), has extensive