Report: Apollo considering bid for GE's jet leasing business

|About: Apollo Global Management, LLC (APO)|By:, SA News Editor

General Electric (NYSE:GE+2.7% after-hours on headlines that Apollo Global Management (NYSE:APO) is considering making a bid for the company's jet leasing business, which is said to be worth as much as $40B.

Bloomberg reports APO has met with lenders to secure ~$30B in financing to purchase all or part of GE Capital Aviation Services, as potential buyers circle one of GE’s crown jewels.

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