Brief: SaveLend Group Acquires Refino's Debt Consolidation Loan Business
03/07/2026 07:55
BRIEF-SaveLend Group Acquires Refino's Debt Consolidation Loan Business July 3 (Reuters) - SaveLend Group AB YIELD.ST:
SAID ON THURSDAY HAS THROUGH ITS UNIT SBL FINANS ENTERED INTO CONDITIONAL AGREEMENT TO ACQUIRE REFINO AB'S DEBT CONSOLIDATION LOAN BUSINESS
NO PURCHASE CONSIDERATION WILL BE PAID UPON COMPLETION
REFINO AB WILL RECEIVE ONGOING ROYALTY EQUAL TO 45% OF THE BUSINESS'S PROFIT BEFORE TAX UNTIL JULY 31, 2032
REFINO AB HAS UNDERTAKEN TO INVEST IN SAVELEND GROUP THROUGH CONVERTIBLE INSTRUMENT
Source text: ID:nMFN6xKDh8
Further company coverage: YIELD.ST
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