LONDON (Alliance News) - Honeycomb Investment Trust PLC on Monday said it is buying a portfolio of consumer loans from Caledonian Consumer Finance Ltd and Carnegie Consumer Finance Ltd for GBP15.0 million.
Caledonian is separately expected to acquire 700,000 shares in Honeycomb from Pollen Street Capital Holdings Ltd, an affiliate of Honeycomb's investment manager Pollen Street Capital Ltd.
Shares in Honeycomb were untraded on Monday morning, having last traded at 1,030.00 pence.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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