Locked content Getblack plans IPO for Q2/Q3

Debt collector Getback plans IPO for Q2, or Q3 this year, the company said in a market filing. The company will offer up to 40 million shares, with half of them being a new issue, and another half will be offered by a single investor. The company currently has 80 million shares in total, owned…...

Locked content GetBack debt collector eyes IPO

Debt collector GetBack filed an issue prospectus to the financial market regulator KNF and plans to conduct an IPO this year. “Our company has PLN 400 million in capital, which we plan to increase by several hundred millions in order to finance our organic growth. We see a lot of assets that could b...

Locked content GetBack net profit up by 66.5% y/y

WSE-bound debt collector GetBack had a PLN 200.3 million net profit last year, up by 66.5 percent y/y. Its revenues grew by 104.5 percent to PLN 422.7 million, company said in a market filing. The value of GetBack’s receivables portfolio stood at PLN 19.4 billion at the end-2016, up 39 percent...

Locked content GetBack mulls IPO

Debt collector GetBack’s management will seek general assembly’s approval to launch IPO on the Warsaw Stock Exchange, the company said in a market filing. “As of today, the details of the potential offer, including its date have not been decided upon.” GetBack engages in the recovery of ...

Locked content GetBack profit up by 87% y/y in Q1

Poland’s largest media group, GetBack, recorded a net profit of PLN 37.5 million in Q1 2016, which accounts for 87 percent increase year-on-year, the company informed in a statement. The operating profit grew by more than 50 percent and stood at PLN 36.7 million. GetBack is a debt collection c...

Locked content Idea Bank signs deal to sell GetBack for PLN 825 mln

Getin, a subsidiary of Idea Bank, has signed a conditional deal with Emest Investment to sell debt collector Getback for PLN 825 million, Idea said. The finalization of the agreement is contingent on several conditions, including the approval of Polish and Ukraine anti-monopoly watchdogs. GetBack is...

Locked content GetBack net profit at PLN 120 mln in 2015

Poland’s largest media group, GetBack, recorded a net profit of PLN 120 million in 2015, which accounts for 272 percent of last year’s profit, the firm informed on Tuesday. The 2015 results provide for expectations of significant growth dynamics in the near future. GetBack is a debt coll...

Locked content Getin begin talks to sell GetBack

Getin Holding which has recently signed a deal for selling Carcade has been negotiating getting rid of its debt collector Getback, Puls Biznesu daily reported. Accordng to media reports, American PRA Group has reached an agreement with Getin, but talks have stalled. Puls Bzinesu  managed to confirm ...