Collins Stewart gets private equity approach-paper
LONDON (Reuters) - U.S. private equity company Corsair Capital has approached brokerage Collins Stewart (CLST.L) about a possible takeover, The Sunday Telegraph newspaper reported.
Collins Stewart is in talks about a takeover by Japanese securities group Nomura Holdings Inc (8604.T), sources familiar with the matter have said previously.
On August 12. Collins Stewart said tough markets pushed first-half profit down 82 percent said it expected weak conditions to continue into 2009.
(Reporting by Dan Lalor; editing by Elaine Hardcastle)
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