DataRoom AM: GE’s $2bn twist

The money giant may spin its consumer lending business into a $2bn IPO, while Macquarie joins the bidding queue at Royal North Shore Hospital.

A major twist is on the cards in the potential $1-2 billion sale of GE Capital’s local consumer lending business as advisers on the deal weigh the merits of an ASX listing.

Elsewhere, Macquarie Group makes a last-ditch push in the Royal North Shore Hospital auction, GWA Group offloads Brivis Heating & Cooling to Japanese interests and APA Group finalises the purchase of BG Group’s Queensland gas pipeline.

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