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Capital One is buying Discover in a $35.3 billion deal

  • Capital One is acquiring Discover Financial Services for $35.3 billion, providing a boost in the credit card market.
  • Discover's smaller size in comparison to major credit card networks Visa, Mastercard, and American Express makes this acquisition significant.
  • The deal would enable Capital One to compete with other credit card-issuing banks and grant access to Discover's payment processing network.
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Capital One planea comprar Discover Financial Services en un acuerdo que uniría a dos de las mayores empresas de tarjetas de crédito de EE.UU..La operación podría anunciarse este martes, según personas relacionadas con el asunto. Discover tiene un valor de mercado de unos US$ 28.000 millones, y se espera que la adquisición la valore por encima de esa cifra.Capital One está haciendo una gran apuesta en un momento de auge en el sector de las tarje…

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Forbes broke the news in United States on Monday, February 19, 2024.
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