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Atom Bank sale may be halted after weak bids – report
Key takeaways
- Sources told the publication that investors in the Newcastle lender, among them BBVA of Spain and asset manager Toscafund, are weighing whether to stop the sale because buyer interest has been limited.
- Pollen Street Capital submitted an offer for Atom, but the proposal was below the price expected by sellers, the same people said.
- They added that a materially higher bid from Pollen Street was not expected.
Atom Bank sale may be halted after weak bids – report Atom · Retail Banker International Vidhya Edwards Munnangi Tue, June 30, 2026 at 6:24 PM GMT+7 2 min read POLN.L BBVA.MC The effort to sell Atom Bank is close to being abandoned after the process failed to produce offers matching the £600m valuation sought by its shareholders, reported The Financial Times.
Sources told the publication that investors in the Newcastle lender, among them BBVA of Spain and asset manager Toscafund, are weighing whether to stop the sale because buyer interest has been limited.
Pollen Street Capital submitted an offer for Atom, but the proposal was below the price expected by sellers, the same people said.
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