Deals Rumor Mill: GE, SRA International, Guardian Life

By Linda Chiem (June 26, 2015, 5:36 PM EDT) -- Capital One Financial Corp. and Apollo Global Management LLC are among the firms that have lobbed initial bids to grab General Electric Co.'s health care finance unit, as GE makes quick work of shedding most of its financing arm to streamline operations and focus on its industrial businesses, according to a Bloomberg report on Thursday. Along with Capital One and Apollo, asset manager Ares Management LP and Ventas Inc., a health care real estate investment trust, have also submitted initial bids for GE's health care finance unit, which could fetch more than $11 billion, according to Bloomberg. GE is working with JPMorgan Chase & Co. on the sale and may select a buyer by the end of July, the report said. This comes on the heels of the announcement earlier this month that GE would sell most of its U.S. buyout lending unit to Canada Pension Plan Investment Board in a $12 billion deal....

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