May 22 (Bloomberg) -- KfW Group, Germany's government-owned development bank, may decide by next week on a final interested party to continue negotiations with over the sale of IKB Deutsche Industriebank AG, die Welt said.

IKB, the German bank being sold after a bailout over U.S. subprime investments, may sell for 800 million euros ($1.26 billion), the newspaper said in the summary of an article to be published today, citing unidentified people in the financial industry.

Currently, there are four remaining bidders, the newspaper reported. They may include Ripplewood Holdings LLC, Lone Star Funds, SEB AB and possibly Sal. Oppenheim Jr. & Cie, the newspaper said, citing unidentified people.

To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net

Last Updated: May 21, 2008 23:00 EDT