Tag - BE

GE shares jump as it splits into 3 companies


Boston: General Electric announced it will become three separate companies focusing on healthcare, aviation, and energy, sending the shares higher. "We’ll pursue a tax-free spin-off of GE Healthcare, creating a pure-play company at the center of precision health. We’ll combine GE Renewable Energy, GE Power, and GE Digital into one business, positioned to lead the energy transition....