KKR to acquire NewDay's consumer credit receivables portfolio from Cinven, CVC

2 hours ago 1
M&A Mergers And Acquisitions

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KKR (NYSE:KKR) is set to acquire UK-based specialty finance company NewDay's portfolio of consumer credit receivables from the private equity firms Cinven and CVC Capital Partners (OTC:CVCCF).

Financial terms of the transaction were not disclosed.

The portfolios will continue to

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