Ryan's District Boards

RD Today => All the News => Business News => Topic started by: riky on June 02, 2008, 08:44:47 AM

Title: B&B set to announce Texas Pacific rescue deal: source (Reuters)
Post by: riky on June 02, 2008, 08:44:47 AM
B&B set to announce Texas Pacific rescue deal: source
    (Reuters)

 


Reuters - U.S. private equity firm Texas Pacific
Group  is set to take a 20 percent stake in Bradford &
Bingley  for 150 million pounds ($296 million) in a
much-needed boost for the embattled UK mortgage lender, a
source familiar with the matter said on Monday.


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080602/bs_nm/bradfordbingley_dc