Atom Bank’s Planned Sale on Brink of Falling Apart
AI Summary
The sale of British digital lender Atom Bank is reportedly in danger of falling through. That’s according to a report Monday (June 28) from the Financial Times (FT), which says an auction for Atom Bank failed to attract bids at the 600 million pound ($756 million) range hoped for by the company’s backers. Now, investors in the bank are considering pausing the sale due to a lack of interest, sources familiar with the matter told the FT.
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