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INTRUM — Intrum AB News Story

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Brief: Intrum Announces Sale Of Portfolios For EUR 215 Mln

Jan 12 (Reuters) - Intrum AB INTRUM.ST:

INTRUM ANNOUNCES SALE OF PORTFOLIOS FOR EUR 215M, ABOVE BOOK VALUE

BINDING AGREEMENTS WITH BROCC FINANCE AB ("BROCC"), AN AFFILIATE OF CERBERUS CAPITAL MANAGEMENT

TO SELL ITS REMAINING 35% HOLDING OF PORTFOLIOS CURRENTLY OWNED IN A JOINT VENTURE WITH BROCC

TRANSACTION IS EXPECTED TO RESULT IN A REALISED GAIN OF CIRCA EUR 45M

Source text: ID:nMFN58ytfp

Further company coverage: INTRUM.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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