is close to acquiring the European operations of
Wall Street Journal
reports, citing people familiar with the situation.
On Monday, Nomura, Japan's biggest broker, snagged Lehman's Asian business for $225 million.
Nomura is in talks with Lehman's London insolvency administrator PricewaterhouseCoopers after
dropped out, the
reports. A deal may be signed later Tuesday.
reports Nomura is interested in acquiring Lehman's European investment-banking and equities divisions, but its interest in Lehman's fixed-income division is unknown.
This article was written by a staff member of TheStreet.com.