Business

Insider Information: Verkkokauppa.com Oyj sells its consumer financing business to Walley - the transaction supports the company's long-term plans

Verkkokauppa.com Oyj STOCK EXCHANGE RELEASE, Insider Information 2 June 2025, 12:00 a.m. EEST Insider Information: Verkkokauppa.com Oyj sells its consumer financing business to Walley - the transaction supports the company's long-term plans Verkkokauppa.com Oyj has today signed an agreement to sell its consumer financing business to Norion Bank AB and its payment solutions business unit Walley. The preliminary purchase price is approximately EUR 34 million. The final purchase price will be deter

articleVerkkokauppa.com OyjJune 2, 20252/company/verkkokauppacom-oyj-1/news/insider-information-verkkokauppacom-oyj-sells-its-consumer-financing-business-to-walley-the-transaction-supports-the-companys-long-term-plans-1
Insider Information: Verkkokauppa.com Oyj sells its consumer financing business to Walley - the transaction supports the company's long-term plans

About this update from Verkkokauppa.com Oyj

[{"type":"image","alt":"Verkkokauppa.com Oyj","displaySize":"","headline":null,"caption":"Verkkokauppa.com Oyj","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":150,"url":"https://media.zenfs.com/en/globenewswire.com/95dc9f9adac3b94295787f647526f8f4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vj4AgVAg69G99zvxspL2mQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIxMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/95dc9f9adac3b94295787f647526f8f4","width":300,"height":150}},"lazy":false},{"type":"text","content":"Verkkokauppa.com Oyj             STOCK EXCHANGE RELEASE, Insider Information                  2 June 2025, 12:00 a.m. EEST","length":267,"tagName":"p"},{"type":"text","content":"Insider Information: Verkkokauppa.com Oyj sells its consumer financing business to Walley - the transaction supports the company's long-term plans","length":150,"tagName":"p"},{"type":"text","content":"Verkkokauppa.com Oyj has today signed an agreement to sell its consumer financing business to Norion Bank AB and its payment solutions business unit Walley. The preliminary purchase price is approximately EUR 34 million. The final purchase price will be determined based on the value of the loan portfolio on the closing date. The purchase price will be paid in cash. The transaction is expected to be completed during the second half of 2025.","length":443,"tagName":"p"},{"type":"text","content":"As part of the transaction, the company has signed a long-term partnership agreement with Walley for providing consumer finance and payment solutions to Verkkokauppa.com’s customers. The arrangement supports Verkkokauppa.com’s growth and long-term goals.","length":254,"tagName":"p"},{"type":"text","content":"“Diverse financing services enhance customer satisfaction and loyalty, and interest in them has been growing strongly. This partnership supports our commercial success and vision to offer our customers a new way to buy and own,” says Verkkokauppa.com Oyj's CEO, Panu Porkka.","length":278,"tagName":"p"},{"type":"text","content":"“This acquisition represents a major milestone for Walley and Norion Bank. By taking over Verkkokauppa.com’s well-established consumer financing solutions, we are acc...

More updates from Verkkokauppa.com Oyj

Verkkokauppa.com Oyjconsumer financeInsider Informationconsumer financing businessfinancing solutionsWalleypartnership agreementtransactionfinancing services