Lehman Brothers Holdings Inc. (fka LEHMQ)

[talkoption]

Nomura said to buy Lehman global back-office ops

http://www.reuters.com/article/marketsNews/idINN0229467220081002?rpc=44

NEW YORK, Oct 2 (Reuters) - Nomura Holdings Inc (8604.T: Quote, Profile, Research, Stock Buzz) has agreed to acquire for several billion (4 million?) yen Lehman Brothers Holdings Inc's (LEHMQ.PK: Quote, Profile, Research, Stock Buzz) Indian operations that have handled the bankrupt U.S. company's global back-office operations and information technology development, according to a report by Nikkei Business News.

The report on Nikkei's website said Lehman decided on Sept. 22 to sell its Asia-Pacific operations to Nomura, but did not include the three Indian subsidiaries that handled back-office duties, IT development and research as part of the deal. Lehman solicited buyers for these units separately.

Nomura has already bought Lehman's European, Middle Eastern and Asia-Pacific operations, the report added. (Editing by Andre Grenon)