(Reuters) – Goldman Sachs Group Inc is buying General Motors Co’s credit card business for about $2.5 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The Wall Street bank won the bidding for the deal over Barclays Plc , according to the report.
Goldman Sachs, GM and Barclays did not immediately respond to Reuters’ requests for comment.
(Reporting by Abhishek Manikandan in Bengaluru; Editing by Anil D’Silva)
