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Polish debt collector Kruk to purchase majority stake in Italian company

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Polish debt collector Kruk to purchase majority stake in Italian company

Poland-based debt manager KRUK Spólka Akcyjna intends to purchase a 51% stake in an unnamed Italian debt collection company.

The purchase agreement will be signed by May 31, Kruk said March 28, adding that it could increase its stake to 100% within the next few months.