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GE aircraft-leasing sale would be $40 bln moonshotBuyout firm Apollo may bid for the best bit of GE’s finance arm, testing CEO Larry Culp’s commitment to decluttering the U.S. conglomerate. Unless he can get a knockout price, though, selling a crown jewel could leave Culp looking like he’s out of options.
Source: Breakingviews - 🏆 470. / 51 Read more »
Apollo nears $3.8 billion-plus deal for packaging group RPC: WSJPrivate equity company Apollo Global Management is in advanced talks to buy Euro... Packaging costs more than half the wall amount. We’re not gonna bubble wrap the wall are we
Source: Reuters - 🏆 2. / 97 Read more »
GE shares rise on report Apollo discussing bid for jet-leasing businessPrivate equity giant Apollo Global Management is reportedly having discussion with bankers to secure debt to buy all or part of General Electric's jet-leasing business.
Source: CNBC - 🏆 12. / 72 Read more »
GE shares jump after report says Apollo is considering a bid for its huge jet-leasing businessShares of GE rose nearly 4% in after-hours trading on Friday following a report Apollo was considering making a bid for its jet-leasing business.
Source: BusinessInsider - 🏆 729. / 51 Read more »