Capital One holders will own about 60 per cent of the combined company and Discover holders the remainder. AFP
Capital One holders will own about 60 per cent of the combined company and Discover holders the remainder. AFP
US lender Capital One to acquire Discover Financial for $35 billion
The deal ranks as the biggest merger globally this year, and is expected to be completed in late 2024 or early 2025
Bloomberg
February 20, 2024
