Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Lone Star

Lone Star stories: 2 news summaries

Lone Star Buys Big at Mortgage Fire Sale

Texas fund grabs $6.7B in Merrill castoffs, is hungry for more

Jul 30, 08 11:48 AM CDT
(Newser) - Lone Star Fund is looking to profit from the castoffs of the credit meltdown, buying billions of marked-down assets and betting on just some of them to rebound, reports the Wall Street Journal. The Dallas-based private-equity firm run by John Grayken has closed a deal on $6.7 billion in... More »

MORE ABOUT:
Merrill Lynch • CDO • Lone Star • mortgage debt • private equity firms

HSBC Shops for Controlling Stake in KEB

Bank looks to strengthen presence
in Korean economy

Aug 20, 07 3:29 PM CDT
(Newser) - HSBC is in talks to buy a controlling stake in Korea Exchange Bank from the U.S. private equity group Lone Star. A local newspaper has reported that the deal would be worth $4.5 billion. HSBC wants to strengthen its presence in the Korean economy, and Lone Star has... More »

MORE ABOUT:
bank • acquisition • US economy • HSBC • Korea Exchange Bank • Lone Star • Kookmin

2 Stories


from our news partners