Metro Bank and Carlyle have called off talks about a potential takeover of the UK lender by the private equity firm.
The bank said on 4 November it had received a takeover approach from Carlyle. The firm had until 2 December to make an offer.
“Carlyle and Metro Bank have agreed to terminate discussions regarding a possible offer for the company,” Carlyle said on Thursday.
Metro said it believed strongly in its standalone strategy and future prospects.
