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Cerved Information Solutions SpA (CERV.MI)

CERV.MI on Milan Stock Exchange

10.44EUR
15 Dec 2017
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Tue, Nov 28 2017

BRIEF-Cerved Board Approves Incorporation Of Units Cerved Group And Consit Italia

* SAID ON MONDAY BOARD HAD APPROVED THE INCORPORATION OF UNIT CERVED GROUP AND INDIRECT UNIT OF CERVED GROUP

Cerved sees 2 bln euros/year in new Monte dei Paschi bad loans from 'UTP' stock

MILAN, Oct 27 Around 2 billion euros ($2.3 billion) of Italian lender Monte dei Paschi's unlikely-to-pay (UTP) loans are expected to turn insolvent each year, the head of debt servicing group Cerved said on Friday.

BRIEF-Cerved 9-month net profit up at EUR 38.2‍​ mln

* 9-MONTH ADJUSTED NET PROFIT EUR ‍68.4​ MILLION VERSUS EUR 62.2 MILLION YEAR AGO

BRIEF-Cerved Information Solutions unit to act as special servicer for Atlante II fund‍​

* SAYS CERVED CREDIT MANAGEMENT S.P.A APPOINTED TO ACT AS SPECIAL SERVICER FOR ATLANTE II FUND‍​

BRIEF-Cerved to develop with Banca Popolare di Bari partnership to manage bank's NPLs

* SAID ON TUESDAY ITS UNIT CERVED GROUP HAD SIGNED AN AGREEMENT WITH BANCA POPOLARE DI BARI

BRIEF-Cerved H1 adj. net profit up at EUR 48.6 mln

* H1 REVENUE EUR 200.7 MILLION VERSUS EUR 187.8 MILLION YEAR AGO

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