Capital One to acquire Discover in $35 billion deal
02/20/2024 22:05
Capital One (COF) is set to acquire Discover Financial Services (DFS) in a deal valued at approximately $35.3 billion. Yahoo Finance Live breaks down the details of this acquisition and Capital One's aim to standout among credit card competitors, noting Warren Buffett's stake in the bank. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The Wall Street Journal
Discover Stock Jumps, Capital One Slips on Deal News
Shares of Discover Financial Services jumped in early trading following the news that Capital One will buy the credit-card company for more than $35 billion. Discover's shares were up 12% in early trading, while Capital One's slipped 1%.
Bloomberg
Everything You Need to Know About Capital One’s $35 Billion Takeover of Discover Financial
(Bloomberg) -- Capital One Financial Corp., the US lender backed by Warren Buffett, is set to buy Discover Financial Services in a $35 billion deal that will bring together two of the biggest credit card firms and allow them to compete with other Wall Street behemoths. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersA $6 Trillion Wall of C
Bloomberg
Advent, Blackstone Among Suitors Circling $20 Billion Sanofi Arm
(Bloomberg) -- Some of the world’s largest buyout firms, including Advent International and Blackstone Group Inc., are circling the consumer health division of French pharmaceutical giant Sanofi ahead of a potential separation of the business, according to people familiar with the matter. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersA $