No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home DISTRESSED ASSETS

Intesa Sanpaolo to sell its Npls managing platform and a 10 bn euros portfolio. Talks with Lindorff-Intrum

Bebeezby Bebeez
January 11, 2018
Reading Time: 2 mins read
in DISTRESSED ASSETS, ITALY
Share on FacebookShare on Twitter

lindorff-intrum“Intesa Sanpaolo communicates that the bank is considering strategic options involving the Npl servicing activity, that include a disposal of a bad loan portfolio of the group, as part of the upcoming Business plan”. This is said in a press release sent out by the bank yesterday after Bloomberg had published the news that Scandinavian Npl servicer and investment group Lindorff-Intrum Justitia is in talks with Intesa Sanpaolo about buying its Npl managment platform, together with a 10 billion euros gross value portfolio and an agreement to manage part of the actual and future Npl on the bank’s books.

The bank led by ceo Carlo Messina might sell the whole Npl managing platform of just a stake. The platform is said to be valued about 500 million euro.

Talks between the bank and Lindorff-Intrum Justitia were confirmed yesterday by Lindorff-Intrum itself adding that talks are just an initial phase and that no more details will be disclosed.

This will be the fourth acquisition in Italy for Lindorff-Intrum after the acquisition of Roma-based servicer CAF last December, which was sold by Lone Star together with a 370 million euro GBV Npl portfolio (see here a previous post by BeBeez),  the acquistion of Gextra last May, which was sold by Italfondiario and founder Francesca Carafa, who remained in the management team (see here a previous post by BeBeez) and the acquisition of Cross Factor in Spring 2016.

Lindorff-Intrum Justitia è is the major credit servicer provider in the world, born at the end of last June after a merger between Norway’s Lindorff (controlled by Nordic Capital) and Sweden’s Intrum Justitia (see here a previous post by BeBeez). Antonella Pagano, who used to be Lindorff’s Italy country manager and prior head of Npl division in PwC in Italy, has been appointed managing director of  Lindorff-Intrum Justitia in Italy (see here a previous post by BeBeez)

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

Italy’s private equity weekly roundup. News from DeA Capital Alternative Funds, Cigierre, Bc Partners, Quattro R, Impresoft, Clessidra, and more
ITALY

Italy’s Real Estate weekly round-up. News from DeA Capital Real Estate, Park West Office, Orion Capital Management, Societe Generale, Serravalle Retail Park, Novipraga SIINQ, Hines, Apollo Asset Management, VI-BA, and more

July 18, 2025
Italy’s private debt & corporate finance weekly round-up. News from Hellmann&Friedmann, Silver Lake Partners, ADIA, CapitalG, Alphabet CapitalG, DOC Pharma, TPG, ICG, and more
ITALY

Italy’s private debt & corporate finance weekly round-up. News from Hellmann&Friedmann, Silver Lake Partners, ADIA, CapitalG, Alphabet CapitalG, DOC Pharma, TPG, ICG, and more

July 17, 2025
Italy’s distressed assets and NPEs weekly round-up. News from Coin, Conbipel, OVS, Unigross, Polis, and more
DISTRESSED ASSETS

Italy’s distressed assets and NPEs weekly round-up. News from Coin, Generalfinance, Prima Industrie, Alpha Private Equity, Peninsula Capital, and more

July 16, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

AlixPartners: Automotive, retail and manufacturing sectors may go through restructuring in 2025

AlixPartners: Automotive, retail and manufacturing sectors may go through restructuring in 2025

July 11, 2025
Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Next Post

Searchlight Capital bets on Italy's wireless internet provider Eolo

Former Intesa Sanpaolo's ceo Corrado Passera and former Banca Ifis's head of NPLs launch a Spac together

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart