Crédit Agricole Agrees to Buy German Bank IKB
Crédit Agricole said it reached an agreement with Lone Star Funds to acquire 100% of IKB Deutsche Industriebank AG's share capital, using its own resources.
Crédit Agricole agreed to acquire German lender IKB Deutsche Industriebank AG as it expands in Germany. The French banking group said Monday it had reached an agreement with Lone Star Funds to buy 100% of IKB's share capital, using its own resources. Financia…