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Cerberus to acquire majority stake in Officine CST

Private equity firm Cerberus Capital Management and its affiliates have announced an agreement to acquire a 57 percent share of Officine CST SpA, PE Hub reported. Financial terms of the transaction were not announced. Rome, Italy-based Officine is a provider of credit management services to large enterprises such as banks, institutional investors, utilities, and multinational companies, as well as small and medium sized enterprises.

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PE Deals,private equity