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Centerbridge-backed Auxmoney considers sale or IPO

privateequitywire

6 days ago

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Private equity-backed German digital consumer lender Auxmoney is exploring strategic options that could include a sale of the business or an initial public offering, according to a report by Bloomberg citing unnamed people familiar with the matter.
Centerbridge Partners, which backs the Düsseldorf-based company, is working with Auxmoney’s management team and its other shareholders as it assesses the alternatives, the people said. Discussions remain at an early stage and no decision has been made...

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