Arrow Global splashes out £55m on Italian firm
Debt purchase and management specialist Arrow Global has the acquisition of an Italian business for £55m.
Europa Investimenti, a Milan based specialist in managing distressed debt investments, has been bought by the Manchester firm.
The company has recently started a new operative cycle focussed on investments in situations of various natures and of different origin.
These include bankruptcy proceedings, impaired receivables or non-performing ones, shares in companies in a state of crisis or bankruptcy.
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