Apollo Said to Be Among Bidders for Citi’s OneMain Unit

Lock
This article is for subscribers only.

Apollo Global Management is among bidders for Citigroup Inc.’s consumer lender OneMain Financial Holdings, as the auction progresses to the second round, people with knowledge of the matter said.

Citigroup has opened OneMain’s books to bidders including Springleaf Holdings Inc., with offers due in early February, said the people, who asked not to be identified because the matter isn’t public. The lender is seeking at least $4 billion for OneMain, people familiar with the situation have said.