AHBR

Kutilya · Post by **Kutilya** » Tue Nov 01, 2005 10:54 am

Evil cat. I'm exporting wheelbarrows these days if you need any

FDAXHunter · Post by **FDAXHunter** » Tue Nov 01, 2005 10:59 am

If you know a better way to transfer money without using wheelbarrows, I'd like to hear it.

Kutilya · Post by **Kutilya** » Tue Nov 01, 2005 12:08 pm

Tunnel with a conveyer belt, straight to Geneva…almost ready now.

FDAXHunter · Post by **FDAXHunter** » Sat Nov 12, 2005 10:54 am

There's only two bidders left: Lone Star and the consortium between Christopher Flowers & George Soros.

Texas Pacific Group is out. EuroHypo is out (they just wanted to look at the books anyway).

TPG wanted a negative price for the equity, so does Lone Star.

baghead · Post by **baghead** » Tue Nov 15, 2005 1:13 pm

Commerzbank is looking to buy EuroHypo.

BBG: Commerzbank, which already owns 31.8 percent of Eschborn,

Germany-based Eurohypo, plans to buy Deutsche Bank AG's 37.7

percent holding and the 28.5 percent owned by Allianz AG's Dresdner

Bank, it said in a statement today. Commerzbank won't pay more than

20 euros a share for Eurohypo, according to people with direct

knowledge of the negotiations who declined to be identified.

FDAXHunter · Post by **FDAXHunter** » Mon Nov 21, 2005 12:14 pm

So, they are being given 2.5 billion EUR by the German banking system. Now Lone Star is going to be a likely buyer at a negative price.

LOL I mean I appreciate the severity for the Pfandbrief market, but still... what a circus Big Smile

FDAXHunter · Post by **FDAXHunter** » Fri Dec 09, 2005 2:29 pm

This is a done deal now, by the way.