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Cerberus beats Deutsche Bank to win Lloyds’ Project Indie for €312m

Cerberus Capital Management has won the blind auction to buy the outstanding €440m Lloyds Banking Group senior loan secured by the Valad Europe-managed German Aktiv Property Fund Limited Partnership (GAF), paying an all-cash price of €312m.
By James Wallace
September 24, 2013 | 4:51 P.M.
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