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Abris Capital Partners to maintain GetBack stake in capital hike

GetBack SA said March 19 that private equity firm Abris Capital Partners indicated that it will maintain its stake in the company during the Polish debt collector's planned capital increase, under which the company will issue 19,999,999 new shares.

Abris will subscribe for new shares in GetBack in proportion to its existing holding. GetBack said Abris believes that the capital increase will be a step in the company's further development.

Israel-based Shavit Capital Fund and Cukierman & Co. Investment House Ltd. and U.S.-registered Leumi Investment Services Inc. earlier expressed interest in purchasing shares of GetBack to be offered in the capital hike.

Abris owns a stake of more than 60% in GetBack, the PAP newswire reported March 19.