CCP credit corp group limited

News: CCP Credit Corp Group acquires National Credit Management Limited

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    Sept 12 (Reuters) - Credit Corp Group Ltd (CCP) :

    • Credit Corp acquires national Credit management limited (CCP)
    • Deal for $22.6M
    • No goodwill is expected to be recorded on the acquisition of NCML by Credit Corp
    • Acquisition necessitates upgrade to PDL purchasing guidance; now expected in the range of $180 to $200 million including ncml acquisition
    • While the acquisition will have a positive impact on Credit corp's earnings for the 2017 financial year it will not be material"
    • * (( ))

      (([email protected]))

 
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Last
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Change
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