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. The unexpected level of interest offers hope to thousands of creditors of the eight HK entities, which account for the bulk of the bank’s Asian operations ex-Japan. The revelation came at a media briefing in HK, the first since KPMG was appointed as a liquidator after Lehman’s collapse last September.

This entry was posted by Gwen Robinson on Wednesday, February 25th, 2009 at 4:20 and is filed under Capital markets, M&A, Private equity. Tagged with Lehman Brothers. Edit this entry.