Financial Services

Goldman Sachs nears deal to buy United Capital -WSJ


May 10 (Reuters) – Goldman Sachs Group Inc is nearing a deal to buy investment management firm United Capital Financial Partners Inc for several hundred million dollars, the Wall Street Journal reported here on Friday, citing people familiar with the matter.

The deal would be Goldman’s biggest since the financial crisis and could be announced as soon as Monday, the WSJ reported.

Goldman Sachs and United Capital did not immediately respond to Reuters’ request for comment. (Reporting by Arjun Panchadar in Bengaluru; Editing by Anil D’Silva)



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.