Centerbridge Partners sells 13% of Banca Farmafactoring after share price rally

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Centerbridge Partners sells 13% of Banca Farmafactoring after share price rally

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K683J9 Milan Cathedral, Piazza del Duomo at night, Lombardia, Italy | Alamy Stock Photo

Centerbridge Partners has sold a €119.2m chunk of its stake in Banca Farmafactoring, the Italian factoring company that specialises in payments owed by public institutions to the healthcare sector, after the stock has rebounded since October.

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