Cerberus sells half its stake in Austrian bank BAWAG for 471 mln eur -bookrunner
November 01, 2019 at 06:56 AM EDT
Major shareholder Cerberus Capital Management has sold a 13.5% stake in BAWAG Group , or around half of its holding, for about 471 million euros ($525 million), the bookrunner on the deal said on Friday.