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Cap One, Discover to complete acquisition in ‘early 2025’

Shareholder vote scheduled for Feb. 18

Whitney McDonaldbyWhitney McDonald
January 23, 2025
in Payments
Reading Time: 3 mins read
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Capital One and Discover are awaiting regulatory and shareholder approval for their deal.  The bank first announced its acquisition of Discover in February 2024 in an all-stock deal worth $35.3 billion. The $490 billion bank’s acquisition of Discover is expected to close in early 2025, Capital One Chief Executive Richard Fairbank said during the bank’s […]

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Tags: Capital OneDiscoverearningsmergers and acquisitions (M&A)Premium
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