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New Deal


Announced

doValue to acquire Eurobank's FPS for $345m.

Financials

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Transaction Value£211m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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portfolio management

Acquisition

Pending

credit services

Friendly

Private

Greece

Majority

Single Bidder

Consumer Lending

Cross Border

Synopsis

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doValue, an Italian debt recovery firm is set to acquire Financial Planning Services, a credit services provider from Eurobank, a commercial bank for $345m. The parties aim to close the Transaction by no later than May 2020, subject to the satisfaction of customary regulatory approvals in line with market practice.

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