Dovalue

M&A Activity • Jul 21, 2021

Informazione Regolamentata n. 1967-56-2021		Data/Ora Ricezione 21 Luglio 2021 22:34:34	MTA
Societa'	:	DOVALUE
Identificativo Informazione Regolamentata	:	150155
Nome utilizzatore	:	DOVALUEN08 - Franchi
Tipologia	:	REGEM
Data/Ora Ricezione	:	21 Luglio 2021 22:34:34
Data/Ora Inizio Diffusione presunta	:	21 Luglio 2021 22:34:36
Oggetto	:	Project Frontier: consortium of doValue, Bain and Fortress chosen as preferred bidder by NBG
Testo del comunicato

Vedi allegato.

PRESS RELEASE

CONSORTIUM COMPOSED BY DOVALUE, BAIN AND FORTRESS CHOSEN AS PREFERRED BIDDER BY NATIONAL BANK OF GREECE IN RELATION TO PROJECT FRONTIER

Rome, July 21 st, 2021 – doValue S.p.A. ("doValue" or the "Company") announces that the consortium composed by doValue (through its subsidiary doValue Greece), Bain and Fortress has been chosen by National Bank of Greece as the preferred bidder in relation to Project Frontier for a short period of exclusive negotiations.

Given the participation of Fortress to the consortium, certain aspects of Project Frontier could be classified as a related party transaction. Disclosure of the main relevant terms and conditions will be made, if required, in accordance with the disclosure obligation pursuant to the Consob Regulation 17221/2010 after signing of the contractual documentation, without prejudice to any additional disclosure necessary pursuant to article 17 Regulation (UE) no. 596/2014.

doValue, formerly doBank S.p.A., is the leading operator in Southern Europe in credit management and real estate services for banks and investors. Present in Italy, Spain, Portugal, Greece and Cyprus, doValue has over 21 years of experience in the sector and manages assets for approximately Euro 160 billion (Gross Book Value) with over 3,200 employees and an integrated offer of services: special servicing of NPLs, UTP, Early Arrears, and performing positions, real estate servicing, master servicing, data processing and other ancillary services for credit management. doValue is listed on the Electronic Stock Market managed by Borsa Italiana S.p.A. and, including the acquisition of Altamira Asset Management and doValue Greece, recorded in 2020 gross revenues of approximately Euro 418 million and an EBITDA excluding non-recurring items of Euro 125 million.

Contacts

Image Building Investor Relations – doValue S.p.A. Simona Raffaelli - Lucia Saluzzi Alberto Goretti dovalue@imagebuilding.it investorrelations@dovalue.it 02 83460127