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Private Equity

Lone Star explores potential sale of German lender IKB

privateequitywire

1 month ago

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Lone Star Funds is exploring a potential sale of IKB Deutsche Industriebank nearly two decades after acquiring a controlling stake in the lender, according to a report by Bloomberg.
The process is reportedly at an early stage, with initial interest emerging from potential bidders including Credit Agricole. Sources familiar with the matter cautioned that discussions remain preliminary and may not ultimately lead to a transaction.
Lone Star acquired more than 90% of IKB in 2008 following the Germa...

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