|Bid||114.10 x 0|
|Ask||114.55 x 0|
|Day's range||109.70 - 115.40|
|52-week range||1.07 - 347.66|
|Beta (5Y monthly)||1.49|
|PE ratio (TTM)||N/A|
|Earnings date||26 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2,750.62|
The latest such move comes from publicly listed Metro Bank, which today has announced its intention to purchase peer-to-peer lender RateSetter for up to £12 million. Pending approval by U.K. regulators, Metro Bank is acquiring RateSetter for an initial price of £2.5 million, with "additional consideration" of up to £0.5 million payable 12 months after completion. Notably, the acquisition does not include RateSetter's holding in RateSetter Australia, which is being retained by RateSetter shareholders.
Metro Bank has agreed to buy peer-to-peer lender RateSetter for an initial payment of 2.5 million pounds, it said on Monday. An additional 500,000 pounds will be paid 12 months after completion subject to the satisfaction of certain criteria and up to 9 million pounds on the third anniversary of completion, subject to performance criteria, Metro said in a statement.
The big shareholder groups in Metro Bank PLC (LON:MTRO) have power over the company. Insiders often own a large chunk...