Lehman Brothers steers BG to cheaper acquisition

Lehman Brothers, which last October helped UK-based BG Group negotiate the $388m (€438m) acquisition of Enron Oil & Gas India, has taken advantage of recent events to help the company shave a further $38m off the final price.

A spokeswoman for BG Group said that the initial negotiations took longer than expected, so the sale and purchase agreement expired in December.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It