DataRoom AM: GE Capital battle

GE Capital’s $7.5bn local consumer lending business attracts a number of bidders, while Orica has a decision to make on its non-mining chemicals unit.

GE Capital’s $1 billion sale of its local consumer lending business has drawn some big names as the auction moves closer to the pointy end. But will Wesfarmers be able to outplay financial service heavyweights?

Elsewhere, Orica weighs an offer for its non-mining chemicals operation from Blackstone, Fortescue Metals Group receives Chinese backing, Gina Rinehart makes a major dairy play and Pacific Equity Partners mulls a partial exit at Spotless.


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