Private Equity
  No final decision has been made yet, a request to approve the Cerberus proposal has been sent to creditors. : No final decision has been made yet, a request to approve the Cerberus proposal has been sent to creditors. Abraaj Group’s provisional liquidator prefers a lower offer from Cerberus Capital Management for assets of the embattled Dubai-based private equity firm over a rival bid from Colony Capital, according to people familiar with the matter.