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Lone Star to Buy IKB, First German Subprime Casualty (Updat

 
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Jeshimon
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PostPosted: Fri Aug 22, 2008 1:25 pm    Post subject: Lone Star to Buy IKB, First German Subprime Casualty (Updat Reply with quote
Aug. 21 (Bloomberg) -- Lone Star Funds, the Dallas-based private equity firm, agreed to buy IKB Deutsche Industriebank AG , Germany's first casualty of the subprime mortgage crisis, for less than one-third of the bank's market value a year ago.

[url=http://us.rd.yahoo.com/dailynews/rss/search/government+debt+consolidation+loan/SIG=1240li56k/*http%3A//www.bloomberg.com/apps/news?pid=20601100&sid=amFR9Io4CD2U]Read more...[/url]
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