Metro Bank Puts Itself Up For Sale
Britain's Metro Bank has put itself up for sale as part of a strategic review following years of turnaround efforts. The lender noted it is not currently in active takeover talks with any potential bidders.
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METRO BANK HOLDINGS PLC put itself up for sale on Thursday morning as part of a strategic review, opening the door to a potential takeover. The lender held a market capitalization of £1.2B ($1.6B) at Wednesday's close. The move follows years of turnaround efforts after a challenging period for the institution based in the United Kingdom.
