Cerberus Capital Management, the $US60 billion ($88 billion) alternative asset investor, has tapped bankers at Citi as it considers a bid for ASX-listed shipbuilder Austal, Street Talk has confirmed.

The New York-listed private equity fund is no stranger to Australia, recruiting former Macquarie and CVC Capital operative David McWilliam as its country head in 2019.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.