doValue S.p.A (IT:DOV) has released an update.
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doValue S.p.A has successfully acquired Gardant S.p.A, enhancing its leadership in credit management across Southern Europe. The acquisition, valued at €230 million, aims to diversify revenue and strengthen partnerships with banks and investors, positioning the new group as a leader in the Italian NPE market. The integration of Gardant is expected to generate significant synergies, with a focus on expanding services and reducing debt.
For further insights into IT:DOV stock, check out TipRanks’ Stock Analysis page.