General Electric to Break Up

Creator: ALWYN SCOTT | Credit: REUTERS

General Electric (GE.N) said on Tuesday it would split into three public companies as the storied U.S. industrial conglomerate seeks to simplify its business, pare down debt and breathe life into a battered share price.

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SOURCE: Reuters – By Abhijith Ganapavaram and Rajesh Kumar Singh; Additional reporting by Tim Hepher; writing by Sweta Singh and Rajesh Kumar Singh; Editing by Anil D’Silva and Nick Zieminski

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