Business
Manufacturing giant GE to end its run as a conglomerate – The Australian Financial Review
The company’s announcement is the culmination of a years-long reshaping of a symbol of US manufacturing might.
Following the split, it will become an aviation company, helmed by GE chief executive Larry Culp. The aviation company will inherit GEs other assets and liabilities, including its run-off insurance business.
A company spokesman said brands and names of…
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