After several reports in the past few months of rumored buyers interested in acquiring GE Capital Healthcare, a new report indicates the front-running bidder may be Capital One Financial Corp. (NYSE: COF).
The national lender, which also services the health care and senior housing industries, is in “exclusive talks” to acquire GE Capital Healthcare in a deal that could top $10 billion, reports Reuters, which cited its sources as people familiar with the matter.
“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,” Reuters stated in an article last week.
