US private-equity group Carlyle has until 2 December to make formal offer or walk away
Shares in Metro Bank surged by almost a third on Thursday 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 by as much as 40% in early trading on news of the deal, valuing the bank at more than £242m, before closing up 29%.
