US private-equity group Carlyle has until 2 December to make formal offer or walk away
Shares in Metro Bank have surged after it received an approach about a possible takeover by the US private-equity group Carlyle.
The market value of the challenger bank, which did not say how much Carlyle might pay if a firm offer was made, soared to more than £242m in early trading on news of the deal as its share price rose by more than 40% on Thursday.
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