Barclays can buy a number of Lehman Brothers’ actives
British bank Barclays Plc. negotiates for possible purchase of some actives of gone bankrupt American bank Lehman Brothers Holdings Inc.
Such information has been given is in published today Barclays application.
According to the application, actives can be got only on attractive to British bank’s shareholders terms, and now there is no confidence, that the transaction will take place. Additional data will be informed later.
Originally Barclays, alongside with Bank of America, appeared among potential buyers of Lehman, however finally both banks have refused from the transaction. In Barclays’ official application it is spoken, that purchase of Lehman Brothers mismatched interests of company’s shareholders.
Let’s remind, that on September, 15th, Lehman Brothers has declared about the intention to submit the application on bankruptcy in the American court on bankruptcies, according to reference 11 of United States Bankruptcy Code.
According to procedure the debtor usually continues to own the property and to conduct any activity, but it is obliged to submit to creditors’ consideration the plan of reorganization, which should proved by Court.
