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Capital One, Apollo Said to Mull Final Bids for GE Healthcare Finance, Bloomberg

July 27, 2015, 07:51 AM
Filed Under: Industry News

Bloomberg reported Capital One Financial Corp. and Apollo Global Management are poised to make final bids for General Electric Co.’s health-care finance unit, people with knowledge of the matter said.

According to the Bloomberg report, final offers are due next week and could fetch more than $11 billion, said the people, who asked not to be identified because the details are private. At least one other bidder is expected to submit a proposal, the people said.

To read the full Bloomberg report, click here.

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