finance
Lone Star Funds Explores Sale of German Lender IKB
Buyout firm Lone Star Funds has begun early-stage discussions about selling German lender IKB nearly two decades after its initial investment. The move comes as the firm reviews its long-held stake in the bank.
May 21, 3:11 PM·1m read1 source
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Buyout firm Lone Star Funds is in the early stages of exploring a sale of German lender IKB nearly two decades after investing in the bank. The firm acquired its stake in IKB during the 2008 financial crisis period. Since then, the investment has remained part of Lone Star's portfolio.
No timeline for a potential transaction has been announced. The firm has not disclosed any specific buyers or valuation details at this stage.
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