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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Banks

Metro Bank shares tank as Carlyle ends bid talks

The bank's board said it “continues to strongly believe in the standalone strategy and future prospects of Metro Bank”

Shares in Metro Bank PLC (LSE:MTRO) plummeted on news talks with US private equity group Carlyle regarding a possible takeover of the bank have ended.

Metro Bank said in a statement that its board “continues to strongly believe in the standalone strategy and future prospects of Metro Bank”.

Shares in Metro Bank dropped 18.37% to 108p on the announcement.

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