Announced
Synopsis
Brocc Finance, a Swedish-owned company that operates as a digital marketplace for financial services, specifically focusing on peer-to-peer lending, agreed to acquire a 35% stake in Heimdall JV, a joint investment vehicle to co‑own large portfolios of unsecured non‑performing loans (NPLs) across Europe, from Intrum, a credit management services company. Achieving full ownership of the portfolios represents an important step in Brocc’s long-term strategy to build a scaled, capital-efficient platform for unsecured NPL investments across Europe. By obtaining full ownership of the structure, Brocc expects to achieve meaningful synergies, including improved capital efficiency.
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