Oct 7 (Reuters) - British lender Metro Bank (MTRO.L) has rejected a series of takeover approaches from specialist business lender Shawbrook, including one made in the second half of September, Sky News reported on Saturday.
Both Metro Bank and Shawbrook declined to comment on the story when contacted by Reuters.
Reuters had reported on Friday that Metro Bank is set to discuss funding options with its shareholders over the weekend, as the lender seeks to shore up its finances and assure regulators after a volatile week of trading.
The mid-sized British lender's shares plunged on Thursday following reports it is trying to raise as much as 600 million pounds to strengthen its capital levels.
London-based Shawbrook is a specialist lender serving real estate professionals, SMEs and consumers.
Persons:
Juby Babu, Clelia
Organizations:
Metro Bank, Sky News, Reuters, Thomson
Locations:
London, Bengaluru