U.S. private equity firm Carlyle is eyeing Metro Bank, a beleaguered British lender that is now only worth 20% of its book value. Getting a respectable return would still require turbocharged lending and deep cost cuts, writes aimeedonnellan
Metro Bank said on Nov. 4 that it had received a takeover approach from U.S. private equity firm Carlyle. The British lender’s shares were trading at 103 pence the day before talks were made public. On Nov.
16 shares in Metro were trading at 131 pence, valuing it at 225 million pounds.SubjectsDeutschland Neuesten Nachrichten, Deutschland Schlagzeilen
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