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General Electric

GE to Split Into Three (Geert De Lombaerde, IndustryWeek)

General Electric plans to divide itself into three businesses focused on healthcare, energy and aviation, a process its leaders expect will take two and a half years. The moves will essentially end the long-running conglomerate strategy that as recently as a decade ago had GE owning large interests in media, transportation, appliances, lighting and finance businesses and annual revenues of $150 billion.

GE to Split Into Three | IndustryWeek