Lone Star Fund's Tokyo Sowa buy is third of its kind
Article Abstract:
Dallas, Texas-based private-equity fund Lone Star Fund will buy failed Japanese lender Tokyo Sowa Bank by investing 40 billion yen ($339 million) and acquiring loans the Japanese government has classified as both good and bad. The acquisition, which will also benefit North American pension funds, is not the first time Lone Star has purchased bad loans in Japan.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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All eyes zoom in on banks
Article Abstract:
Overseas Union Bank Ltd., the fourth largest lender in Singapore, is considering a hostile takeover offer from DBS Group Holdings Ltd., and a friendly takeover offer from United Overseas Bank Ltd. Keppel Capital Holdings Ltd. will be acquired by Oversea-Chinese Banking Corp.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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