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DDM Holding AG
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DDM Debt AB
DDM finalizes its second Croatian acquisition
DDM Holding AG (First North: DDM) announces that it has finalized the previously announced acquisition of a distressed asset portfolio containing secured corporate receivables in Croatia from a leading international bank.
DDM has received the approval from the Croatian National Bank, and has now finalized the acquisition, as set out in the press release dated 30 June 2017. The investment amounts to approximately EUR 21 million.
The acquisition is financed by a combination of cash on hand and the recently announced revolving credit facility.
This is information which DDM Holding AG is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 08:00 CET on 12 October 2017.