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News 2026-09-14 19:09 UTC

CVC joins JC Flowers in potential bid for UK bank Aldermore, sources say

By Amy-Jo CrowleyPrivate equity group CVC EURONEXT:CVC has joined forces with JC Flowers on a bid for FirstRand's UK bank arm Aldermore, two people familiar with the matter said.The South African lender said in April it planned to exit from its small specialist British bank blaming a costly UK moto…