Capital One, Apollo Said to Mull Final Bids for GE Health Lender

Capital One Financial Corp. and Apollo Global Management are poised to make final bids for General Electric Co.’s health-care finance unit as the company shrinks lending operations, people with knowledge of the matter said.

Final offers are due next week for the GE Capital business, which could fetch more than $11 billion, said the people, who asked not to be identified because the details are private. At least one other suitor is expected to submit a proposal, the people said. GE is working with JPMorgan Chase & Co. on the sale and may select a buyer in August, they said.