EFTA02545474.pdf

From: David Stern < Sent: Friday, October 14, 2011 9:50 AM To: Jeffrey Epstein Subject: KB Tim Collins deal I sent you in September. He still seems to be looking for the €270m co-investment he asked me =or. 14 Oct 2011 Source: AltAssets Brussels-based private equity firm RHJ has entered talks with US buy-out =ouse General Atlantic about reviving its offer for BHF, the asset =anagement and investment banking unit of financial services giant =eutsche Bank. According to Financial Times Deutschland, RHJ, which is also considering =n offer from Russia's Pamplona, is keen to get the deal done before =ts rights to exclusive talks with the bank expire in November. The deal was scheduled to go ahead earlier this month but was delayed =ue to a ruling from German market regulator BaFin, which decided that =HJ couldn't fund the deal, even with the help of co-investors. Established 150 years ago, BHF employs around 1,500 employees and has =bout €40bn of assets under management. last year global private equity firm Apollo Management bid for the unit, =s did Lichtenstein's LGT Bank, which made an offer of over €300m =fter reportedly considering and deciding against a joint bid with =polio. At the time BHF Bank's book value was around €600m, but it was =nclear whether Deutsche Bank would be able to find a buyer at that =rice, given market conditions. Both offers fell through. There were also doubts circulating about the enthusiasm of BHF's =anagement team for a buy-out investor takeover, as opposed to a sale to = long-term strategic investor.=?xml version=.0" encoding=TF-8"?> <IDOCTYPE plist PUBLIC "- //Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd"> <plist version=.0"> <dict> <key>conversation-id</key> <integer>202119</integer> <key>date-last-viewed</key> <integer>0</integer> <key>date-received</key> <integer>1318585801</integer> <key>flags</key> <integer>8590195713</integer> <key>gmail-label-ids</key> <array> <integer>6</integer> <integer>2</integer> </array> <key>remote-id</key> <string>185567</string> EFTA_R1_01698659 EFTA02545474 </dict> </plist> 2 EFTA_R1_01698660 EFTA02545475