Content area
Full Text
Marlin Bidco Ltd., the company jointly owned by funds handled by private equity firms Pollen Street Capital Ltd. and BC Partners LLP, has raised its takeover offer for Shawbrook Group Plc's entire issued and to-be-issued share capital to 340 pence per share from 330 pence per share previously.
The final offer, combined with Shawbrook's announced dividend of 2.7 pence per share for its 2016 earnings, values the bank at approximately £868 million, representing...