Following a strategic review, GE has plans to focus on aviation, power and renewable energy, creating a “simpler, stronger, leading high-tech industrial company.”
In addition to the pending combination of its transportation business with Wabtec, GE plans to separate GE Healthcare into a standalone company, pursue an orderly separation from BHGE over the next two to three years, make its corporate structure leaner and substantially reduce debt.
To read results of its strategic review, click here.
