Lone Star Descends On Ikb for [Pounds]80m

Daily MailAugust 22, 2008

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Summary


GERMANY'S IKB, Europe's first casualty of the credit crunch, has finally been put out of its misery.

US private equity firm Lone Star is buying the rump of the investment group from the German government for around [pounds]80m.

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Extract


Lone Star Descends On Ikb for [Pounds]80m

When the lendin...

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