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Close Brothers acquires invoice loan book

07 January 2010

Close Brothers Group has acquired the invoice financing loan book of UK firm GMAC Commercial Finance Limited.

Read more: Close Brothers Group invoice financing GMAC Commercial Finance Limited

Close Brothers Group (Close Brothers) has acquired the invoice financing loan book of UK firm GMAC Commercial Finance Limited for a premium to net book value of up to £4 million ($6.3 million) in cash.

GMAC’s loan book is valued at $94...

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