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Aldermore owner mulls splitting group as Investec circles banking unit

Aldermore owner mulls splitting group as Investec circles banking unit
Image: City A.M.

Aldermore’s owner is set to make a decision over whether to split up the group after attracting bids that excluded its motor finance division, City AM can reveal. South African lender Firstrand put Aldermore on the sales block in April this year and received initial interest from around a dozen suitors, sources said. The process [...]

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