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Completion of portfolio acquisition

10th Sep 2012 13:24

RNS Number : 8989L
Paragon Group Of Companies PLC
10 September 2012
 



Successful completion of portfolio acquisition

 

The Paragon Group of Companies PLC ("Paragon") is pleased to announce the completion of the acquisition of a further portfolio of closed UK consumer credit card receivables from MBNA Europe Bank Limited previously announced on 3 September 2012. The consideration payable on completion was £16.1 million.

 

For further information, please contact:

 

Nigel S Terrington, Chief Executive 0121 712 2024

Nick Keen, Finance Director, 0121 712 2000

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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