Bank and finance provider PCF Group (LON: PCF) is in discussions with Castle Trust Capital, a bank that received a banking licence even more recently, concerning a potential share offer for the company.
Existing PCF shareholders are likely to have a small minority investment in the enlarged group if the bid goes ahead.
PCF owns PCF Bank and provides asset finance for small businesses, consumer motor finance, broadcast equipment finance and property bridging loans.
PCF has finally published its figures for the year to September 2021, which show small underlying profit following a loss...
