A merger between the Co-operative Bank and Shawbrookthe private equity firm would create a larger challenger bank with a combined balance sheet of around £20 billion.
However, it is unclear whether the two banks would be able to agree on terms for a deal. The Co-operative Bank is likely to be keen to retain its independence, while Shawbrook may be looking for a quick exit from its investment.
It is also possible that the reports of a potential merger are simply speculation. The Co-operative Bank has denied that it is in talks with Shawbrook, and there is no evidence to suggest that a deal is imminent.
Private equity news uk – No Deal! The UK’s Co-op Bank dismisses reports of talks with Shawbrook
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