General Electric Co., Ltd. will be split into three separate companies, focusing on health care, electricity and aviation business.
Based on Tuesday, the health care department of General Electric will be split in early 2023; the company will also combine its renewable energy, power equipment and digital services into a separate department, and then separate them in 2024; A company consists of an aerospace engine manufacturing sector.
General Electric said that each company will better serve its customers, benefit from professional and flexibility. With the improvement of operation, General Electric's goal is to reduce its debt burden more than $ 75 billion in three years of 2021. The company said in the investor report that there is a chance to make further progress.
After the announcement, General Electric jumped by 17% before the US stock market, and is now reported $ 114.51 per share.
(源 源: tradingView)
The company CEO Larry CULP said in the statement, & ldquo; Today is a decisive moment of general electricity, we are ready. & rdquo; This year has over the years to guess the future of General Electricity in the years. Since 2018, CULP has been in the interest of medical manufacturing and aircraft leasing, which will be the most important initiative he has so far, basically ended the former The huge universal electric empire established.
Since Thomas & Middot; Edison founded the company, General Electric is a idol company representing industrial in the minds of Americans. In 2000, General Electric City is close to $ 600 billion, one of the largest companies in the United States. Subsequently, the company established a huge financial business with diversified nominal, but it is also struggling, electricity and oil and gas business during the international financial crisis.
The company has experienced multi-wheel structural layoffs, during which this huge company sold a large number of business, including most of the business of Endi, a general financial (GE Capital), which was carefully cultivated by Edison.
In 1896, Dow Jones Industrial Index was set up, and General Electric is one of 12 companies in the list. Until June 20, 2018, General Electric was taken out of the Dow's ingredients, which made its 111 decided to the historical advice, and 12 companies disappeared in the ingredient stocks.