Cerberus receives offers to buy Haya

Cerberus receives offers to buy Haya

 

The offers were made by Italian fund doBank, American fund Centerbridge and Asian Centricus. The three offers, according to El Confidencial, are close to 700 million euro each, 40% less than initially expected by its current manager, American fund, Cerberus.

According to the same newspaper, the uncertainty around the contract renewal between Haya and Sareb – which expects to receive 100 million euro per year in commissions alone – should be the reason behind the reduced offers. 

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