Portugal 
Italy 
Greece 
Transaction / Assets Seller Buyer € MM
Banco Sabadell Sells Its Receivables Management Business To Lindorff For €162 Million
23/12/2014 – Expansión
Sabadell has closed the sale of its unpaid debt management and collection business to Lindorff Spain for €162 million, a deal that will generate a gross gain for Sabadell of the same amount.
In a note to the Spanish National Securities Market Commission (CNMV), Sabadell has stated that, after obtaining the necessary authorizations, it has signed as of today a purchase agreement with the firm.
On July 28 this year, Sabadell announced this transaction, which is also supplemented by an agreement with a provision regarding a service of bad debts collection and management for an initial period of ten years.
Lindorff Group, a business group dedicated to collection management, currently has 3.500 employees in the eleven countries where it operates, among which are Norway, Finland , Sweden, Denmark, Russia, Germany and Spain.
Original article: Expansión (by EFE)
Translation: Aura REE