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CoOP Bank

Gilts, bonds, and interest-bearing shares
Eddiedcricket123
Posts: 8
Joined: July 25th, 2023, 3:30 pm
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CoOP Bank

#608983

Postby Eddiedcricket123 » August 14th, 2023, 4:49 pm

Any views on CoOp Bank and Shawbrook?
An upcoming move by a lender backed by private equity is in the works, involving a £3.5Bln endeavor to acquire the Co-operative Bank.
Shawbrook Group, a lender focused on small businesses, has engaged the Co-operative Bank's proprietors recently, presenting a proposal for a merger.
The Co-operative Bank has enlisted the services of Barclays to provide advisory support & the suggested valuation for the Co-operative Bank is c£800m.

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