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View Full Version : Debts.co.uk prepares for major acquisition--Star East Technology Ltd



Alao25
02-21-2008, 08:06 PM
Debts.co.uk prepares for major acquisition--Star East Technology Ltd

Domain name news brought to you by Star East Technology Ltd

A debt consultancy using a generic domain name has placed a number of shares on the market to boost its bid for the acquisition of another company.

According to Share Cast, Debts.co.uk has conditionally placed over six million shares on the market at 45p each as part of a plan to boost funding for the purchase of PB recovery.

It is hoped that the firm and its Synergi Partners unit will be able to secure an estimated 2.73 million from the move for part funding of the acquisition that will see Debts.co.uk form part of a major group of companies.

PB Recovery itself is a significant part of the Brightside Group's trading assets and the move will follow major restructuring at Debts.co.uk that has involved large-scale savings to secure the company's future.

Debts.co.uk provides information and advice as well as a range of finance options for debt consolidation.