Reported about 15 hours ago
Harley-Davidson is in discussions to sell a stake in its financing unit, including its motorcycle loan portfolio, to Pacific Investment Management Co and KKR & Co for approximately $5 billion, according to Bloomberg News. The deal may be finalized soon as shares of the company rose 1.9% in after-hours trading. This move comes amid the company's struggles with sales, leading to the finance unit's earlier announcement for sale.
Source: YAHOO