GE-Apollo Jet Deal Draws Analyst Skepticism

General Electric Co. gained more than 4.1 percent Monday after the possibility of a major divestment, even as Wall Street analysts expressed caution on the actual size of a potential deal and its impact on the cash-strapped company’s turnaround.

Bloomberg reported on Friday that Apollo Global Management was trying to find financing to buy GE’s jet-leasing unit, which could be valued at as much as $40 billion. JPMorgan says the unit could be worth closer to $30 billion, and was unlikely to be the “silver bullet” that some investors might be expecting it to be.