Goldman Sachs explores sale of auto warranty business Safe-Guard -sources

Goldman Sachs Group Inc’s buyout arm is exploring the sale of Safe-Guard Products International LLC, which could value the auto warranty company at more than $1 billion, including debt, people familiar with the matter said on Wednesday. Goldman Sachs is working with advisers on an auction for Safe-Guard, though there is no certainty a deal will be reached, said the sources, who asked not to be identified because the matter is confidential. Goldman Sachs declined to comment.

source https://finance.yahoo.com/news/goldman-sachs-explores-sale-auto-155957148.html?.tsrc=rss

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