B&B set to announce Texas Pacific rescue deal: source (Reuters)

[riky]

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.


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