Kruk buys Presco Investments

Polish debt collector, Kruk has signed a deal to acquire a 100 percent stake in Presco Investments. The final price of the deal will be set on May 30, 2016 and will not exceed PLN 216,8 million, the company said. Kruk and Presco signed a letter of intent in September with a view to purchasing the entire holding  and taking over the portfolio of liabilities worth PLN 2.7 billion.