2004 Archives

One Equity Partners acquires LBC SA

25 March 2004: As planned, Fimalac has finalized the sale of LBC to One Equity Partners LLC. The transaction price corresponds to an enterprise value net of minority interests of E243 million, in line with the amount reported to the market on March 15, 2004.

LBC will be consolidated by Fimalac over the period from January 1 to today, the effective date of sale.

One Equity Partners LLC is the private equity fund of Bank One Corporation, one of the world's 50 biggest banks with total assets of $325 billion.