Discover Financial Services (DFS) announced that it has completed the sale of its Goldfish credit card business, based in the United Kingdom, to Barclays Bank PLC (BCS, BARC.L) for about $70 million in cash, subject to a potential post-closing adjustment.
Barclays acquired the card portfolio consisting of about 1.7 million Goldfish and affinity card accounts with approximately $3.9 billion of receivables, the Goldfish brand, its operating facilities, certain legal entities and staff.
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