October 14, 2016 / 7:46 AM / in a year

BRIEF-Hoist Finance acquires SME portfolio in Italy

Oct 14 (Reuters) - Hoist Finance AB (publ) :

* Acquires portfolio of claims from small-and-medium sized enterprises (SME) from Banco Popolare in Italy

* Portfolio consists of about 9000 claims with nominal value of about 600 million euro ($672.06 million)

* 10-year estimated remaining collections is 53 million euros Source text for Eikon: Further company coverage: ($1 = 0.8928 euros) (Gdynia Newsroom)

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