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Shares in Metro Bank up by a third on Carlyle interest

Professional Services Correspondent

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

Metro Bank confirms Carlyle takeover interest sending shares soaring

James Booth

Metro Bank

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