F1

Lehman Brothers selling 15pc F1 share

317 views

Lehman sells F1 shares
Lehman sells F1 shares

Photo by: xpb.cc

Mar.8 (GMM) F1 could be set to get some new shareholders, amid reports the collapsed US bank Lehman Brothers wants to sell its stake within two years.

The bank, which is being wound up to pay back creditors, still holds a 15 per cent stake in the majority CVC-owned holding company Delta Topco, which the Guardian newspaper said is valued at about $1.5 billion.

Lehman Brothers became a F1 shareholder in 2002, when the German media company Kirch defaulted on a loan.

Write a comment
Show comments
About this article
Series F1
Tags cvc, kirch, lehman

User photos

EuroRacer
F1

EuroRacer

27 photos
darkcloud154
F1

darkcloud154

22 photos
Renato Marques
F1

Renato Marques

5 photos
devilwoman
F1

devilwoman

1 photos
stirlingf18
F1

stirlingf18

1 photos
erikjunius
F1

erikjunius

37 photos
SurdinP
F1

SurdinP

1 photos
Upload photo