Cerberus Capital Management and Goldman Sachs Exploring Sale of French Bank CCF
Cerberus Capital Management is reportedly collaborating with Goldman Sachs (GS) to initiate the sale of its French banking unit, CCF. According to sources familiar with the matter, the formal sale process is expected to commence within the coming weeks. The potential divestment marks a significant move for Cerberus in the European banking sector. While specific valuation details have not been disclosed, the involvement of Goldman Sachs suggests a structured approach to finding a buyer for the French entity.
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