CCP 2.46% $17.50 credit corp group limited

Ann: Credit Corp to acquire assets of Radio Rentals, page-9

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  1. 7,401 Posts.
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    And 77m net recievables in the prior year. Covid has had a pretty savage impact on RR essentially halving the business. Although, I suspect RR is getting hurt by BNPL as well. There are several BNPL operators for struggling consumers to cycle through, and the sign up incentives are good. This acquisition is in a similar vein to some of the others - motivated sellers.
    Last edited by JoeGambler: 30/11/21
 
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