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Reuters: B&B to announce Texas Pacific rescue deal: source

Started by chris, June 02, 2008, 09:41:20 AM

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chris

B&B to announce Texas Pacific rescue deal: source
      


LONDON (Reuters) - U.S. private equity firm Texas Pacific Group  has agreed to take a 20 percent stake in Bradford & Bingley  in a much-needed boost for the embattled UK mortgage lender, a source familiar with the matter said on Monday.
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