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GE, symbol of American manufacturing, ends its run as a conglomerate

Chicago/Bengaluru | General Electric will split into three public companies as the storied US industrial conglomerate seeks to simplify its business, pare down debt and breathe life into a battered share price, the company said on Tuesday (Wednesday AEDT).

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.

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    Original URL: https://www.afr.com/world/north-america/ge-symbol-of-american-manufacturing-ends-its-run-as-a-conglomerate-20211110-p597nt