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Intrum and Credito Fondiario to make binding offers for Cerved NPL unit

29 January, Milano Finanza

Intrum and Credito Fondiario are ready to submit their binding offers to obtain Cerved NPL division. Intrum is ready to offer between 480-500 million euro for the unit, while Credito Fondiario might aim at a merger of Fonspa with Cerved in view of a possible listing in 2021.

Source: Milano Finanza

Translator: Cristina Ambrosi