Arrow Global splashes out €82m on Italian job
Arrow Global Group, the Manchester-based purchaser and manager of debt, has acquired two Italian acquisitions for a total of €82m (£72m), reinforcing its growing presence in the country.
The first is for Europa Investimenti S.p.A., a leading originator and manager of Italian distressed debt investments, for an equity value of €62m.
While the core Europa business is not regulated, due to Europa owning a 74% stake in an Italian real estate fund management company, Vegagest SGR S.p.A., the transaction is subject to a regulator... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
