Intrum AB (publ) (OM:INTRUM) is at present the sole bidder for the loan managing unit put up for sale by Cerved Group S.p.A. (BIT:CERV), two sources familiar with the matter said on December 18, 2019. Two sources said the unit could be worth around €400 million, a lower price tag than calculated by some analysts whose estimates stretched to €490 million. The unit has failed to draw interest from foreign investment funds because the Italian bad loan market has entered a mature phase where there are fewer bargains, a person who had contacts with potential buyers said.

Cerved's board is expected to discuss Intrum's bid at a board meeting on December 19, 2019, one person said.