Banks Have Advantage Over PE Firms in GE Antares Bidding
MAY 13, 2015 - 7:16 am
The Deal reported that private equity firms with designs on GE Capital might find themselves at a disadvantage to conventional banks, not just in competing for GE Antares, but for the entirety of GE Capital.
The Deal said bidders reportedly will come from across the financial spectrum, including market-leading private equity firms such as Apollo Global Management, Blackstone and Ares Management.
The Deal noted that since most banks already operate under the auspices of a Systemically Important Financial Institution, their status wouldn’t be affected.
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