NEW YORK, June 28 General Electric is looking to sell its CareCredit healthcare financing unit in a deal that may be valued at about $2 billion, people familiar with the situation told Reuters on Friday.
GE has hired Goldman Sachs Group Inc to oversee the sale process and attracted buyout interest from a few banks as well as at least one nonbank financial services firm, according to the four sources, who wished to remain anonymous because they are not permitted to speak to the media.
A Goldman spokesman declined to comment. Calls and emails to GE and CareCredit were not immediately returned. (Reporting by Jessica Toonkel; Editing by Lisa Von Ahn)
BRIEF-Pep boys says acquired PJ's Auto & Tire Center in New York
* Acquired PJ's Auto & Tire Center in Franklin Square, New York and opened a new service & tire center in Bordentown, New Jersey Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)