PRESS: Metro Bank receives bid interest from Pollen Street

Metro Bank Holdings PLC has received takeover interest from Pollen Street Group Ltd, which already has a host of financial services names in its portfolio, the FT reported on Saturday.

Pollen Street Capital made an informal approach for the high street lender ‘in recent weeks’, the FT reported, citing people familiar with the matter. Talks were at an early stage, the FT added.

Pollen Street’s portfolio includes digital bank Tandem, payments platform Autopay and lending and savings products provider Shawbrook.

The Times back in October 2023 reported that Metro Bank received bid interest from Shawbrook.

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