Goldman Sachs Group Inc is looking to buy General Motors Co's credit card unit, which has about US$3 billion in outstanding balances, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
FILE PHOTO: The Goldman Sachs logo is displayed on a post above the floor of the New York Stock Exchange, September 11, 2013. REUTERS/Lucas Jackson/File PhotoShare this contentREUTERS: Goldman Sachs Group Inc is looking to buy General Motors Co's credit card unit, which has about US$3 billion in outstanding balances, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Barclays is also among bidders for the automaker's credit card business, the report said, adding that a decision is expected in the next few weeks.
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