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GE reveals identity of 3 companies after historic split | The Associated Press

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General Electric on Monday revealed the names of the three companies that will operate on their own after the historic split of the one-time conglomerate, including a mashup of words that will make up the name of the new energy company. Know more:

The breakup marks the apogee of those efforts, divvying up an empire created in the 1980s under Jack Welch, one of America’s first CEO “superstars.”

The company said Monday that GE HealthCare will be listed on the Nasdaq under the ticker symbol “GEHC.” GE plans a tax-free spin-off of the business early next year. GE Vernova is exected to be spun off in early 2024. Once the spinoffs are complete, GE will be an aviation-focused company that will own the GE trademark and provide long-term licenses to the other companies.

 

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