General Electric announces plan to split into three separate companies

South Africa News News

General Electric announces plan to split into three separate companies
South Africa South Africa Latest News,South Africa South Africa Headlines

GE, 129 years old and once America’s most valuable corporation, says new companies will focus on energy, healthcare and aviation

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Photograph: Richard Drew/APPhotograph: Richard Drew/APGeneral Electric said on Tuesday it would split into three public companies as it seeks to simplify its business, pare down debt and breathe life into a battered share price.The split marks the end of the 129-year-old conglomerate that was once the most valuable US corporation and a global symbol of American business power. GE shares jumped 7% in early trading, reaching a nearly three-and-a-half-year high.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Guardian /  🏆 84. in ZA
 

so generalelectric GE doing shit splitting.. -one big pile of shit, divided into three smaller piles of shit larryculpjr $ge

South Africa South Africa Latest News, South Africa South Africa Headlines



Render Time: 2025-01-14 10:34:19