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Shawbrook Spurns Sweetened £868M PE-Backed Buyout Offer

By Chelsea Naso (June 6, 2017, 3:39 PM EDT) -- U.K. savings and lending bank Shawbrook snubbed yet another buyout offer from private equity firms Pollen Street Capital and BC Partners for undervaluing the company on Tuesday, urging shareholders to not accept the £868 million ($1.12 billion) tender offer....

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