Investment Banking

Goldman Sachs in talks to sell GreenSky to group including KKR, Sixth Street, Pimco

Wall Street giant continues to retreat from consumer offering and could take a sizeable write-down on sale

Wednesday 20 September 2023 at 06:37

Goldman Sachs is in advanced talks to sell its specialty lender GreenSky, the Wall Street Journal reported on the night of 19 September.

According to the Journal, Goldman is negotiating a roughly $500m deal with a group of investment firms, which includes KKR, Sixth Street and Pacific Investment Management.