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Reuters: Capital One Nears Deal to Acquire GE Healthcare Finance Unit

August 07, 2015, 07:15 AM
Filed Under: Industry News

In an exclusive report, Reuters reported Capital One Financial is in exclusive talks to acquire General Electric Co's U.S. healthcare finance unit, in a deal likely to top $10 billion, according to people familiar with the matter.

According to the Reuters report, Capital One has outbid other potential buyers in an auction for the unit, the people said on Thursday, cautioning that the negotiations are ongoing and that a deal has not yet been finalized.

The sources asked not to be identified because the negotiations are confidential. Capital One and GE did not immediately respond to requests for comment.

To read the full Reuters report, click here.

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