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BC Partners and Pollen Street ‘Surprised’ By Shawbrook’s Rejection

Shawbrook said it remains confident that its current management team will generate ‘significant shareholder value’

Wednesday 8 March 2017 at 16:59

Specialist lending bank Shawbrook Group has rejected an £825 million takeover offer from private equity houses Pollen Street Capital and BC Partners.

Shawbrook announced the decision to reject the offer in a regulatory filing released on March 7, 2017.