Lehman Brothers Holdings Inc. is in talks to sell some Japan assets to Sumitomo Mitsui Financial Group Inc. in an effort to save its 1,300-employee operation, three people familiar with the matter said.
Lehman Brothers Japan Inc. is also trying to sell assets including its equity, investment banking and real-estate businesses to Mitsubishi UFJ Financial Group Inc. and Barclays PLC, two of the people said, declining to be identified as the discussions aren’t public.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
We humbly apologize for the inconvenience.