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Nomura Holdings Shows Interest in Lehman

Reuters is reporting that Japan's Nomura Holdings is the latest potential suitor considering acquiring a stake in Lehman Brothers(LEH Quote).

Nomura Chief Executive Kenichi Watanabe said Lehman was one of several candidates, and that Nomura would decide whether to make an investment offer after confirming Lehman's business results.

There have been many rumblings about Lehman finding a partner, and we do think the possibility is high that this happens. The question is price, and we are not sure an attractive premium is in the cards. We would still avoid the shares at this point....