PropertyEU

Pirelli RE sells 20% of NPL management unit to DGAD

By A staff reporter 2009-05-27T00:00:00

Pirelli RE's board has approved the definitive terms of the agreement to sell 20% of Pirelli & C. Credit Servicing, the group's NPL management arm, to DGAD International, part of Calyon. The operation is part of the previously announced plans to reduce the financial commitment to the business of non-performing ...

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