Shareholders in The Co-operative Bank could look to buy the 20% stake held by The Co-operative Group, in a move that might potentially lead to the sale of the bank, according to people with knowledge of the matter.
Co-operative Group’s stake in the bank is valued at £224m, and is considered an investment rather than a key business.
As for a future sale or even a merger with another lender, potential partners include Sabadell and TSB.
