Carlyle, KKR win auction for Discover Financial’s $10B student loan portfolio – FT
2024-06-27
JHVEPhoto/iStock Editorial via Getty Images Private equity firm Carlyle (CG) and KKR (KKR) won an auction for Discover Financial’s (NYSE:DFS) $10 billion student loan book. The joint bid from the PE firms beat out a competing offer from Sixth Street, BlackRock (BLK) and the Canada Pension Plan Investment Board, withContinue Reading