Cerberus launches selldown of up to $878 mln in Japan's Seibu - IFR
May 21, 2015 at 05:10 AM EDT
HONG KONG, May 21 (Reuters) - U.S. private equity firm Cerberus Capital Management LP on Thursday launched a selldown of up to $878 million in railway firm Seibu Holdings, IFR reported, citing a term sheet of the transaction.