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Capital One to buy Discover Financial in $35B stock deal

February 20, 2024
in Fintech
Reading Time: 1 min read
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Capital One to buy Discover Financial in $35B stock deal

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Capital One Monetary Corp. agreed to purchase credit-card lender Uncover Monetary Providers in a $35 billion all-stock deal to create the biggest US bank card firm by mortgage quantity. McLean, Virginia-based Capital One can pay 1.0192 of its personal shares for every Uncover share, a 26.6% premium to the closing worth on Feb. 16, the […]

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