Bids for Cetera Financial are said to be due


Cetera Financial, Goldman Sachs, fintech, private equity, merger, m&a
Couple sitting on a meeting with their financial advisor. Georgijevic/E+/Getty Images
  • Goldman is advising on Cetera auction
  • Lightyear sold Cetera in 2014 for $1.15 bln
  • Private equity is expected to bid for Cetera
The Cetera Financial Group auction has officially started, three sources said. First-round bids for the network of broker-dealers were due at the end of this week, two of the sources said. Bids are likely to “spill into next week,” one of ...

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