Cerberus buys controlling stake of Officine CST

Cerberus said July 6 that it agreed to buy 57 percent of Officine CST SpA. Financial terms weren’t announced. Gianpiero Oddone, Officine’s founder and CEO, and other shareholders, were the sellers. Officine, or Rome, provides 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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