News

Metro Bank confirms Carlyle takeover interest sending shares soaring

Shares in Metro Bank up by a third on Carlyle interest

Metro Bank’s share price jumped 33% to 137p at 11.55 am on 4 November
Metro Bank’s share price jumped 33% to 137p at 11.55 am on 4 November Photo: Getty Images

Metro Bank confirmed that private equity firm Carlyle had approached it over a potential takeover, sending its shares soaring more than 30%.

“Metro Bank confirms that it has received an approach from funds affiliated with The Carlyle Group regarding a possible offer to acquire the entire issued share capital of Metro Bank,” the lender said in a 4 November statement to the London Stock Exchange

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line