Aldermore is preparing to enter the race to takeover the Co-operative Bank, which is valued at £3.5bn. The challenger bank is working with advisers at BNP Paribas on an offer, reports Sky News, and intends to table a bid ahead of a deadline set by the Co-operative Bank early next month. The UK bank will compete
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The South African-owned lender is working with BNP Paribas on a takeover bid for the Co-operative Bank, pitting it against rival suitor Shawbrook, Sky News learns.