Goldman Sachs Sells GreenSky Platform and Loan Assets, Focusing on Core Franchises
  • 7 months ago
Goldman Sachs is selling its GreenSky platform and loan assets to a consortium of institutional investors led by Sixth Street. The sale is part of Goldman Sachs' strategy to focus on its core franchises. The acquisition is expected to have a negative earnings per share impact for Goldman Sachs in the third quarter of 2023. Sixth Street plans to drive growth through enhanced technology and user experiences. Goldman Sachs and Wells Fargo Securities are financial advisors for the transaction. Sixth Street is a global investment firm with over $74 billion in assets under management.
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