Wells Fargo (WFC) and Lone Star are in exclusive talks to buy a $6.1B U.K property portfolio...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

Wells Fargo (WFC) and Lone Star are in exclusive talks to buy a $6.1B U.K property portfolio from Commerzbank's (CRZBY.PK) Eurohypo unit, reports Reuters, with a deal maybe being struck as soon as May. It may be a sweet deal for the buyers as Commerzbank is selling for what value investors like to call "non-economic" reasons.