The Wall Street Journal reported, citing people familiar with the situation, that the Blackstone Group’s expression of interest in Dell involves partly financing any deal by selling Dell’s financial services arm, in a deal that could be valued at around $5 billion.

The Journal said GE Capital has been in discussions with Blackstone about a potential bid and is viewed as the likely buyer of Dell’s financial services arm.

The Journal noted that Dell Financial originated $3.5 billion in new financing during the company’s fiscal year ended February 1, according to a securities filing.

To read the Wall Street Journal article click here.

Previously on monitordaily: WSJ: GE Capital, Blackstone Discussed Dell Finance Unit Bid, March 22, 2013