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ITJTY News and Press, Intrum AB ADR From 06/09/20

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Company Name: Intrum AB ADR
Stock Symbol: ITJTY
Market: OTC

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ITJTY - COVID-19 Has Resulted in a Decline in Financial Wellbeing - Rising Bills and Debt are Increasing Concerns

STOCKHOLM , June 9, 2020 /PRNewswire/ -- Today, Intrum publishes a whitepaper that outlines the financial impact of COVID-19 on private households across 24 European countries. The whitepaper provides an initial follow-up on the trends in increased economic pressure and decreased financi...

ITJTY - Intrum Establishes Long-term Strategic Partnership With Piraeus Bank and Acquires its Recovery Management Services Platform to Further Strengthen the Position in Greece

STOCKHOLM , June 3, 2019 /PRNewswire/ --  Intrum has agreed with Piraeus Bank ("PB") to acquire PB's Recovery Management Services platform; Recovery Banking Unit ("RBU"). The RBU will be hived-down into a separate legal entity ("NewCo"), valued at €410m, which will be fully co...

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