FT: Lehman’s liquidation turns to buy-out unit
Lehman Brothers took just a few days to collapse, but three months later, the methodical unwinding of its assets in US bankruptcy court has only recently opened its second chapter.
Lehman and its restructuring advisers scrambled first to sell two important entities that were rapidly leaking value – its investment banking operations, much of which were bought by Barclays in the US and Nomura overseas, and its asset management business.
With that taken care of, Lehman is now in the market to unlock another layer of funds to repay creditors by selling selected pieces of its private equity business, including its US and European merchant banking, venture capital and real estate funds.
|aus der Diskussion:||Lehman Brothers Chapter 11 -> Auswirkung(en) auf deren Zertifikate|
|Autor (Datum des Eintrages):||manyfulddick (18.12.08 22:22:21)|
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