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January 27, 2015 · News

European Banks Sold $91 Billion of Property Assets in ’14

European banks and asset managers in 2014 sold real estate loans and defaulted properties with a face value of a record 80.6 billion euros ($91 billion), Cushman & Wakefield Inc. said. The increase in deals, 26 billion euros more than the previous two years combined, came as U.S. funds including Cerberus and Lone Star Funds … Read more

January 06, 2015 · News

Visteon Signs Agreement to Divest Majority of Automotive Interiors Business to an Affiliate of Cerberus Capital Management

Represents second transaction in three-phase exit strategy; 90 percent of interiors business now under contract, offer or sold First transaction – sale of Duckyang shares – now completed In line with prior guidance to exit all of interiors with aggregate neutral value impact to Visteon Transaction supports Visteon’s focus on core growth businesses: thermal management … Read more

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