Explore stories from Atlantic Canada.
-British lender Metro Bank has rejected a series of takeover approaches from specialist business lender Shawbrook, including one made in the second half of September, Sky News reported on Saturday.
The bank's board will meet a group of bondholders later on Saturday, aiming to thrash out a refinancing package totalling more than 500 million pounds , that can be announced before the stock market opens on Monday, the report added. Reuters had reported on Friday that Metro Bank is set to discuss funding options with its shareholders over the weekend, as the lender seeks to shore up its finances and assure regulators after a volatile week of trading.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ElectraMeccanica nixes merger with UK\u0027s Tevva, citing \u0027incurable breaches\u0027\u003Cp\u003EThe planned merger of ElectraMeccanica Vehicles Corp. and British electric truck-maker Tevva Motors has been called off for what the Vancouver-based company calls “incurable breaches” of the agreement.\u003C/p\u003E
Read more »
Metro Bank Bondholders Made £600 Million Funding Offer, FT Says - BNN BloombergA group of Metro Bank Holdings Plc’s bondholders approached the lender on Monday with a £600 million ($730 million) funding offer, according to the Financial Times.
Read more »
Bondholders offer Metro Bank capital injection of 600 million pounds - FTitemprop=description content=Market News
Read more »
Metro Bank’s Hectic Week Came After Months of Slow-Burn Concern - BNN BloombergLong before this week, executives inside Metro Bank Holdings Plc were fixated on an impending cliff edge for the challenger bank’s funding.
Read more »
Bondholders offer Metro Bank capital injection of 600 mln stg - sourceitemprop=description content=Market News
Read more »