Metro Bank Gets Takeover Approach From Pollen Street, Sky Says

A Metro Bank Holdings Plc bank branch in Chelmsford, UK.

Photographer: Chris Ratcliffe/Bloomberg

Metro Bank Holdings Plc has been approached about a potential takeover offer led by private equity group Pollen Street Capital that could result in another delisting from the London Stock Exchange, Sky News reportedBloomberg Terminal Saturday.

Pollen Street is one of the major shareholders in mid-sized lender Shawbrook, which had previously approached Metro Bank about a possible merger, according to the report.