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Metro Bank up for sale, with billionaire investor in line for £420m windfall

Metro Bank up for sale, with billionaire investor in line for £420m windfall
Image: The Guardian - World

Shares up 7% after announcement as Jaime Gilinski Bacal seeks exit three years after helping to rescue bankMetro Bank is putting itself up for sale three years after its near-collapse, in a move that could hand a £420m windfall to its Colombian billionaire investor, Jaime Gilinski Bacal.Metro Bank made the rare decision to publicly announce it was open to bids…

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