Metro Bank PLC (MTRO.L)
23 May 2018
LONDON British entrepreneur Richard Branson, founder of the Virgin business empire, is reviewing a 1.6 billion pounds ($2.2 billion) takeover bid that could turn the fledgling lender he founded almost 25 years ago into one of Britain's biggest banks.
* Shares in Metro, OneSavingsBank rise (Adds comment from Virgin Money investor)
* Shares fall 11 percent (Adds details on debt issuance, CEO comments, share movement)
LONDON, April 13 British fund manager Royal London Asset Management (RLAM) plans to launch a shareholder rebellion against Metro Bank over payments made to a company owned by the wife of Chairman Vernon Hill.
LONDON Britain's Metro Bank will acquire a 523 million pound ($731 million) mortgage portfolio from two companies controlled by U.S. private equity firm Cerberus, the bank said on Friday.
LONDON, Feb 23 Britain's Metro Bank will acquire a 523 million pound ($731 million) mortgage portfolio from two companies controlled by U.S. private equity firm Cerberus, the bank said on Friday.
LONDON, Feb 23 Britain's Metro Bank is to acquire a 523 million pound ($730.94 million) book of mortgages from buy-to-let mortgage provider Capital Home Loans, the bank said on Friday.
* AGREED TO ACQUIRE A PORTFOLIO OF UK MORTGAGES ( "PORTFOLIO") FROM CERH RSMC SUB B.V. AND CAPITAL HOME LOANS LIMITED FOR £523M
* Swings to FY profit of 20.8 mln stg from loss of 11.7 mln stg
Feb 21 Metro Bank could raise capital this year, its CEO said, as the British lender looks to fuel growth.