Kruk finalizes acquisiton of Presco

Polish debt collector, Kruk has finalized the acquisiton of Presco Investment for PLN 193.7 million, the company said in a filing. 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. In December, Kruk signed a deal to acquire a 100 percent stake in Presco Investments.