New York Post

Sachs buys online loan co.

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Goldman Sachs agreed Wednesday to buy GreenSky, a fintech platform that provides home-improvemen­t loans, in an all-stock deal valued at $2.24 billion as the Wall Street bank looks to grow its consumer unit.

Atlanta-based GreenSky, which went public in 2018 at a valuation of about $4 billion, has provided home-improvemen­t loans to about 4 million customers since its founding in 2006.

The deal implies a price of $12.11 for each GreenSky share, representi­ng a 56 percent premium to the closing price on Tuesday.

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