CVC Capital Partners is preparing a potential offer for UK challenger bank Aldermore, adding to a growing list of bidders circling the lender as parent company FirstRand looks to exit the business, according to a report by Sky News.
The private equity firm has reportedly been preparing for a possible transaction for several months and is expected to submit a proposal before a September deadline.
Aldermore is owned by South Africa’s FirstRand, which announced in April that it intended to sell the...
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