Reuters: Capital One in Exclusive Talks for GE Healthcare Finance Arm



According to Reuters, Capital One has its sights set on GE’s U.S. healthcare finance unit, as it has entered into exclusive talks with the industrial giant.

Any deal between the two companies would likely reach past $10 billion, Reuters said, citing people familiar with the matter.

Although Reuters’ sources maintain that negotiations are ongoing and a deal is not yet completed, this marks another step in GE’s plan to shed its GE Capital units in order to escape the tag of systematically important financial institution and the increased regulatory oversight that comes with it.

Read the full Reuters report here.


Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

  • Hidden
  • RAM Group Holdings does not share or sell your personal information. The information we ask you to furnish is limited to what is needed to process your order fully and completely. You may unsubscribe at any time. View our Privacy Policy.
  • Please Confirm permission for Monitor/Monitordaily to e-mail you.
  • Hidden

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com