Debt Purchaser Arrow Global To Buy Invest B.V

Debt purchaser and manager Arrow Global Group P, on Friday announced it had agreed to buy InVesting B.V., a consumer debt purchaser and collections provider, for a sum of 78.5 million pounds ($112.6 million), giving it a “low risk entry” into the Belgian market.

Arrow Global revealed that the deal to buy InVesting, which also operates in the Netherlands, would add to its profit and return on equity from 2017.Arrow-Global

Arrow Global, which usually buys customer accounts from retail banks and credit card and telecommunications companies, said it would use existing debt facilities to finance the deal, which it expects will result in a one-time cost of about 3.5 million pounds.

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Daniel Enisan is a content writer at With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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