Brief: OneMain Holdings to Acquire Foursight Capital for $115 Mln

OneMain Holdings

21/11/2023 14:06

Nov 21 (Reuters) - Jefferies Financial Group Inc
 JEF.N :
    * ONEMAIN HOLDINGS, INC. TO ACQUIRE FOURSIGHT CAPITAL LLC
    * ONEMAIN HOLDINGS INC: WILL ACQUIRE FOURSIGHT'S
APPROXIMATELY
$900 MILLION LOAN PORTFOLIO
    * ONEMAIN HOLDINGS INC: ONEMAIN WILL ACQUIRE FOURSIGHT
CAPITAL LLC
("FOURSIGHT") FROM JEFFERIES FOR $115 MILLION IN CASH
    * ONEMAIN HOLDINGS INC: FOURSIGHT'S APPROXIMATELY 200
EMPLOYEES
ARE EXPECTED TO JOIN ONEMAIN
    * ONEMAIN HOLDINGS INC- TRANSACTION IS EXPECTED TO CLOSE IN
Q1 OF
2024

Source text for Eikon:  ID:nPn86d5rxa 
Further company coverage:  JEF.N 

 ((Reuters.Briefs@thomsonreuters.com;))