PCF Group plc to acquire Azule Finance

Author: Azule Finance

Published: 08 October 2018

Subject to regulatory approval by the FCA which is expected shortly PCF Bank will acquire 100% of the share capital of Azule Finance.

In a deal that was announced to the market this morning Azule Limited are pleased to confirm that they will become a 100% owned subsidiary of PCF Bank Limited .

Peter Savage Azule CEO says” we are delighted to become part of larger group which will propel the business into the next phase of growth, it will be business as usual with enhanced capability and flexibility via access to PCF’s retail deposits. This will not only consolidate our position as Europe’s predominant supplier of Broadcast and Media Finance but enable us to improve our offering to the customers, dealers and manufacturers. ”.

Azule Finance (www.azule.co.uk)

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