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LEHMAN ABS CORP Nyse

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US21988K8009

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2009	LEHMAN ABS CORP : Lehman default shows need for communication: CESR	RE
2009	LEHMAN ABS CORP : NJ sues Lehman execs for fraud to recoup state funds	RE

LEHMAN ABS CORP : Lehman's Japan real estate assets now on sale: report

January 25, 2009 at 01:23 am IST

MarketScreener.com By

CHICAGO (Reuters) - Bidding began on Lehman Brothers Holdings Inc's real-estate assets in Japan over the past week, The Wall Street Journal reported on Saturday, citing people familiar with the matter.

When Lehman filed for bankruptcy protection in September, so did its Lehman Brothers Japan Inc. unit, which filed in Tokyo.

According to the Journal, two of Lehman Brothers Japan's real-estate loan units, Lehman Brothers Commercial Mortgage KK and Sunrise Finance Co., had liabilities totaling 748.4 billion yen ($8.44 billion).

While Japan's Nomura Holdings Inc <8604.T> bought Lehman's operations in Asia, Europe and the Middle East, it did not take any debt held by the failed U.S. bank, the Journal said.

The Journal said first-round bids for the assets were placed on Tuesday. Companies showing interest include funds at Lone Star, Cerberus Capital Management LP , Goldman Sachs Group Inc's Goldman Sachs Japan Co., Blackstone Group LP and a Nomura Holdings <8604.T> unit, the people said, according to the report.

Lehman declined to comment on Saturday. Lone Star, Cerberus, Goldman Sachs, Blackstone and Nomura could not be immediately reached for comment.

(Reporting by Jessica Wohl, additional reporting by Megan Davies)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	NOMURA HOLDINGS, INC.	959 JPY	-0.72%	+4.01%	17.63B
	THE GOLDMAN SACHS GROUP, INC.	464.8 USD	-0.68%	+2.75%	158B

Latest news about LEHMAN ABS CORP

LEHMAN ABS CORP : Lehman default shows need for communication: CESR	23/09/23	RE
LEHMAN ABS CORP : NJ sues Lehman execs for fraud to recoup state funds	18/09/18	RE
LEHMAN ABS CORP : Lehman puts two bank units on market: source	17/09/17	RE
LEHMAN ABS CORP : LSE names ex-Lehman banker Rolet as new CEO	13/09/13	RE
LEHMAN ABS CORP : Lehman's Japan real estate assets now on sale: report	25/09/25	RE
LEHMAN ABS CORP : Lehman hopes for bankruptcy exit within 2 years	15/09/15	RE
LEHMAN ABS CORP : Judge OKs appointment of examiner to probe Lehman	15/09/15	RE
LEHMAN ABS CORP : Lehman hopes for bankruptcy exit in 2 years	15/09/15	RE
LEHMAN ABS CORP : Lehman deal on private equity close: source	09/09/09	RE
LEHMAN ABS CORP : Lehman asks for more time to file bankruptcy plan	31/08/31	RE
LEHMAN ABS CORP : Lehman bankruptcy filing wiped out billions: report	29/08/29	RE
LEHMAN ABS CORP : Lehman bankruptcy filing wiped out billions: WSJ	29/08/29	RE
LEHMAN ABS CORP : Judge OKs Lehman settlement	23/08/23	RE
LEHMAN ABS CORP : Judge OKs Lehman settlement with Barclays and JPMorgan	22/08/22	RE
LEHMAN ABS CORP : Ex-Lehman employee, others charged with insider trading	19/08/19	RE
LEHMAN ABS CORP : Lehman brokerage trustee seeks to probe collapse	12/08/12	RE
LEHMAN ABS CORP : Three to bid for Lehman's Neuberger auction: lawyer	03/08/03	RE
LEHMAN ABS CORP : Firms tied to Lehman fund clients may fail: filing	26/08/26	RE
LEHMAN ABS CORP : Marsal to lead team of over 600 at Lehman	21/08/21	RE
LEHMAN ABS CORP : Marsal to take over as Lehman CEO at end of year	21/08/21	RE
LEHMAN ABS CORP : Lehman needs deal on assets with its European unit	15/08/15	RE
LEHMAN ABS CORP : Fuld to step down as CEO of bankrupt Lehman	06/08/06	RE
LEHMAN ABS CORP : Fuld to step down from CEO post: Lehman spokesman	06/08/06	RE
LEHMAN ABS CORP : New York may look at Lehman exec payments: sources	23/08/23	RE
LEHMAN ABS CORP : U.S. probe to ask analysts if Lehman misled: report	22/08/22	RE

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