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Cattles is to close 30 of its 180 Welcome Financial Services branches across the country, with the loss of 510 jobs. 03-Sep-2009 Cattles has sold its invoice finance division to private equity firm AnaCap Financial Partners for £70m. 11-Aug-2009 Cattles is to close its Welcome Car Finance division with the loss of about 130 jobs in Bristol, Castleford, Castle Donington, Edinburgh, Fareham, Feltham, Knowsley, Luton, South Tyneside and Thurrock. 29-Apr-2009 Cattles is to shed 1,000 jobs from its loans business this year, including the closure of a call centre back office in Hull with the loss of 400 jobs. 08-Jan-2009 Cattles is said to be looking to sell its Manchester-based invoice finance division. 03-Oct-2008 Cattles has raised £133m in a share placing and now plans to spend up to £1bn expanding its consumer lending business over the next three years. 19-Mar-2007 Close Brothers has acquired the commercial asset finance operations of Cattles for £70m. 17-Jan-2005 Cattles has secured a £500m credit facility to support the expansion of its financial services business. 20-Jul-2004 Cattles has launched a new direct distribution motor finance business under the name of Welcome Car Finance, operating from sites in Edinburgh, Glasgow, Manchester and Birmingham. 02-Jul-2003 Cattles has acquired the motor finance loan portfolio of Associates Capital for £56m and the Dial4aloan consumer credit business for £15m, funded by a £80m share placing. 18-Oct-2002 Cattles is planning to open up to 100 consumer credit branches over the next 18 months, taking the total to 550. 24-Aug-2001 Cattles has raised £39m in a share placing and is planning to open a further 40-50 consumer credit branches this year. 09-Mar-2001 Cattles is planning to expand its network of 335 consumer credit branches by opening one a week for three years. 10-Mar-2000 Cattles is planning to open a branch a week this year, as part of a strategy to set up a national network of Shopacheck and Welcome consumer finance outlets. 12-Mar-1999 Cattles has dropped plans to sell its corporate lending and factoring business as it was not offered a sufficiently high price. 28-Nov-1998 Cattles is looking to sell its corporate lending and factoring operations which could be worth up to £50m, in order to focus on consumer finance. 03-Sep-1998 Cattles is acquiring Lewis, the debt collection agency, for £7.7m. 05-Sep-1997
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