Metro Bank jumps on report of bid approach from Shawbrook owner

  • Metro Bank Holdings PLC (LSE:MTRO) shares jumped 13% on Monday morning on reports that it had received a takeover approach from a potential private equity buyer.  Sky News reported that the challenger bank received a proposal in the past two weeks from Pollen Street Capital, one of the owners rival lender Shawbrook, which has shown merger interest in Metro before.