KKR, Apollo Pursue GE's $11 Billion Inventory Finance Arm

  • Buyout firms said to have bid two weeks ago for lender
  • Unit is among four said to have been considered for group sale

KKR & Co. and Apollo Global Management are seeking to acquire General Electric Co.’s inventory finance arm, a unit with $11 billion in assets, as the company retreats from banking, people familiar with the matter said.

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