British digital bank Monzo in talks to buy Nordic lender Lunar
LONDON, July 12 (Reuters) – British digital bank Monzo is in early stage discussions about a potential acquisition of Nordic lender Lunar Group, a person familiar with the matter told Reuters.
Bloomberg News reported the talks earlier on Wednesday, adding that Monzo had studied other potential targets to help it expand in Europe.
Lunar and Monzo declined to comment.
(Reporting by Iain Withers and Elizabeth Howcroft, editing by Sinead Cruise)
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