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Lehman Brothers

Lehman liquidators confident of HK asset sales

By Sundeep Tucker in Hong Kong

Published: February 24 2009 19:28 | Last updated: February 24 2009 19:28

The liquidators of Lehman Brothers’ Hong Kong operations have been approached by more than 250 parties interested in the bank’s assets, it has been disclosed.

Prospective buyers include private equity groups, hedge funds and real estate investors. The unexpected level of interest offers hope to thousands of creditors of the eight Hong Kong entities, which account for the bulk of the bank’s Asian operations excluding Japan.

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