Cerberus plans 45% Seibu Holdings stake

Apr 6, 2013

Cerberus plans 45% Seibu Holdings stake

U.S. private equity fund Cerberus Capital Management LP said Friday it aims to raise its stake in Seibu Holdings Inc. to nearly 45 percent in an apparent bid to take the initiative in managing the railway and hotel operator. Cerberus, already the largest shareholder ...