Wednesday, January 30, 2019

GE’s Capital Dilemma: Keep or Sell Jet-Leasing Business? - The Wall Street Journal

General Electric Co.’s lending business has caused deep losses in recent years, but it also contains one of the embattled conglomerate’s best assets: the world’s biggest aircraft-leasing company.

As GE sells off business units to chip away at its more than $100 billion in debt, several potential suitors have expressed interest in buying some or all of the unit, called GE Capital Aviation Services, or Gecas, according to people familiar with the matter. The potential suitors include Apollo Global Management LLC, Blackstone...

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