Lone Star is to buy KfW's 91% stake in IKB

AFP Thursday August 21, 01:25 PM
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US private equity group Lone Star is to take over IKB, the German bank rescued by the state development bank KfW after collapsing because of the subprime mortgage crisis, KfW said. US private equity group Lone Star is to take over IKB, the German bank rescued by the state development bank KfW after collapsing because of the subprime mortgage crisis, KfW said.

AFP