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Cerberus Capital completed the acquisition of Inmoglaciar.

Synopsis

Cerberus Capital, a private equity firm, completed the acquisition of Inmoglaciar, a real estate group with developing projects in all areas: residential, commercial, tertiary and logistics. Financial terms were not disclosed. The Cerberus Capital Management subsidiary acquired a majority stake in Inmoglaciar, with the aim of "boosting the developer's future growth and improving its ability to finance operations, such as the acquisition of land for new residential developments," as explained by the two companies in the time of the operation.

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