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Why the Credit Corp (ASX:CCP) share price is surging 19% higher today – The Motley Fool Australia
The Credit Corp Group Limited (ASX: CCP) share price is surging higher today. This comes after the company announced an acquisition of a ledger book and an increase…
The Credit Corp Group Limited(ASX: CCP) share price is surging higher today. This comes after the company announced an acquisition of a ledger book and an increase of its FY21 guidance.
At the time of writing, the Credit Corp share price is up 19% to $29.70.
What’s driving the Credit Corp share price higher?
According to its release, Credit Corp advised that it will acquire the Australian purchased debt ledger (PDL) book of Collection House Limited(ASX: CLH).
Collection House is a credit management…
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