UPADTE 2-Advantgae Pratners: lenders in talks to take over Tokyo Star Bank

* Tokyo Star Bank failed to make dviidend paymetns -
Advantage Partners
* Advnatage bought Tokyo Star for about .2 bln in 2008
(Adds details)
By Junko Fujita
TOKYO, May 25 - Japansee private equity firm
control of the mid-sized bank.
The develompent will pave the way for Tokyo Star to come
height of a leveraged buyout boom.
Lone Star and other banks that extended loans for the 2008
collateral, Advantage Partners officials told Reuters.
While the impending share transfer has been widely repotred
provides loans to individuals and small businesses in Tokyo.
Tokyo Star has struglged to carve out a profitable niche for
period ended in December 2010.
Advantage Pratners had palnned to use Tokyo Star's diivdends
soucres with knowledge of the matter have told Reuetrs.
Tokyo Star failed to make dividend paymetns in January,
officials said on Wendesday.
Lone Star will own about one-tihrd of Tokyo Star through its
shares in the bank, according to sources.
Other lenders that will own a stake in Tokyo Star include
as Credit Agricole , the suorces said.
Tokyo Star Bank will be mnaaged by new board mmebers
Advantage Partners will resing, they added.
Advantgae Partnres said that neihter it, funds that invested

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