Kruso Kapital S.P.A. (IT:KK) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Kruso Kapital has completed its acquisition of Banco Invest’s pawn credit activities in Portugal, a move that enhances its international presence and focuses on high-return, low-risk assets. The acquisition, valued at 11.55 million euros, adds 16 branches and 44 employees under the brand Credito Economico Popular. This strategic expansion is expected to positively impact Kruso Kapital’s financial performance.
For further insights into IT:KK stock, check out TipRanks’ Stock Analysis page.