Cerberus Buys Irish Waste Management Co. From Receiver

Law360, New York (April 9, 2013, 4:33 PM EDT) -- An affiliate of hedge fund titan Cerberus Capital Management LP has agreed to acquire bankrupt Greenstar Holdings Ltd., the largest waste management company in Ireland, the receiver for Greenstar said Monday.

Deloitte LLP's David Carson, Greenstar's receiver, said he had agreed to sell the waste and recycling business to Cerberus European Investments LLC, the European arm of New York-based Cerberus. The deal is expected to close by the end of June, Carson said.

Financial terms of the acquisition were not disclosed. Spokespeople for Greenstar and Cerberus...
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