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BRIEF-Arrow Global says proposed acquisition of Mars Capital UK and Ireland and strategic partnership with Oaktree Capital
August 31, 2017 / 6:27 AM / 24 days ago

BRIEF-Arrow Global says proposed acquisition of Mars Capital UK and Ireland and strategic partnership with Oaktree Capital

Aug 31 (Reuters) - ARROW GLOBAL GROUP PLC:

* SAYS PROPOSED ACQUISITION OF MARS CAPITAL‘S LEADING UK AND IRISH MORTGAGE SERVICING BUSINESSES (MARS CAPITAL), FOR AN ENTERPRISE VALUE OF £15.5 MILLION

* SAYS ACQUISITION IT IS EXPECTED TO COMPLETE IN LATE 2017

* SAYS ESTABLISHMENT OF STRATEGIC PARTNERSHIP IN UK AND IRELAND WITH OAKTREE CAPITAL MANAGEMENT, L.P. Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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