BFF Bank extends exclusivity period with Cerberus to end of November

BFF Bank has extended its exclusivity period with US fund Cerberus until the end of November 2026 to allow for further due diligence and finalization of a business plan. The proposed rescue plan involves a €180 million capital increase for Cerberus to acquire a 30% stake, followed by a €220 million capital increase offered to existing shareholders.

Detected & updated continuously · Source: Nebula