Intrum AB to Discuss the Acquisition of Haya Real Estate SAU Call Transcript
Welcome to the Intrum audiocast. (Operator Instructions) Now I will hand the conference over to CEO, Andres Rubio; and CFO, Michael Ladurner. Please go ahead.
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Thank you very much, operator, and good morning to everyone. This is Andres Rubio, the President and CEO of Intrum reporting, and doing this call from what is a beautiful day here in Stockholm. I would like to -- we would like to make some prepared remarks for 5 or 10 minutes and then open it up for questions.
Today, we're delighted to announce the acquisition of 100% of Haya Real Estate in Spain, for a total consideration of EUR 140 million, and I'm on Page 2 now. The transaction is expected to close during the third quarter of this year and is subject to both competition authority as well as some other formal releases of the company shares and assets. But what's most important is that this transaction is completely in line with our stated objectives and checks all the right boxes from what is, I
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