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Italy's Cerved in advanced talks to clinch debt collection arm deal - sources


Deal worth about 400 mln euros - sources
Prelios, Apollo and Apax among other suitors - sources
Deal seen as prelude to full takeover of Cerved - sources
MILAN, March 6 (Reuters) - Italian credit group Cerved
is in advanced talks with U.S. investment firm
Centerbridge to clinch the long-awaited sale of its debt
collection arm which is valued at about 400 million euros
, two sources told Reuters.
The unit has also drawn interest from Italian real estate
and credit management firm Prelios and other private equity
funds including Apollo and Apax, the sources said, speaking on
condition of anonymity.
Centerbridge is the frontrunner in the discussions and could ....

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