Capital One's $35 Billion Discover Takeover Gets Regulator's Conditional Approval -- Barrons.com

Dow Jones
04-18

By Rebecca Ungarino

A top U.S. banking regulator said it had granted conditional approval of Capital One's $35.3 billion all-stock bid for Discover Financial Services on Friday.

The Office of the Comptroller of the Currency, which oversees U.S. lenders, said that its approval reflects its "careful analysis of the effect of the merger on communities, the banking industry, and the U.S. financial system."

This is a developing story. Please check back for updates.

Write to Rebecca Ungarino at rebecca.ungarino@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

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April 18, 2025 11:31 ET (15:31 GMT)

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