Lehman Europe has seen interest for units

Thu Sep 18, 2008 2:29am BST
 
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LONDON (Reuters) - Administrators PricewaterhouseCoopers are talking to parties who have expressed an interest in some of the units of Lehman Brothers International (Europe), PWC said on Wednesday.

"There have been expressions of interest in LBAM (Europe) and Lehman Brothers Europe Ltd (the asset management and corporate finance advisory businesses) which are solvent and continue to operate and we have begun discussions with interested parties," PWC said in a statement.

Lehman Brothers International (Europe) is the European unit of Lehman Brothers, which filed for bankruptcy protection earlier this week.

(Reporting by Douwe Miedema)

 
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