CPPIB among bidders for GE's private equity lending arm: Reuters
As General Electric Co seeks to unload most of its finance assets, it is prioritizing the sale of businesses that provide lending to U.S. and European private equity firms, and to healthcare-related businesses, GE Capital's top executive said this week. Sources told Reuters that Guggenheim Securities Inc, Apollo Global Management LLC, Ares Management LP and the Canada Pension Plan Investment Board were among the bidders for GE's private equity lending arm. The sale of that business could come in early June.
28 May 2015•2 mins read
