November 16, 2017 / 2:09 PM / a month ago

BRIEF-Encore Capital's U.K.-based unit will not go forward with previously announced IPO​

Nov 16 (Reuters) - Encore Capital Group Inc

* Encore Capital Group - co’s U.K.-based unit Cabot Credit Management decided to not go forward with its previously announced initial public offering​

* Encore Capital Group Inc -unit ‍has decided to not go forward with its IPO as a result of unfavorable equity market conditions in U.K.​ Source text for Eikon: Further company coverage:

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