What You Need To Know About GE Vernova's and GE Aerospace's Split Tuesday
GEGE(GE) Investopedia·2024-04-02 01:56

Key TakeawaysGeneral Electric is set to complete the final phase of its spinoffs into three separate companies Tuesday, with GE Vernova splitting from GE Aerospace.GE Vernova will be the new standalone energy company, with GE Aerospace focused on the company's aviation technology products.GE first announced the move in 2021, and GE Healthcare Technologies was spun off last year. General Electric (GE) will complete the changes it first announced in 2021 before markets open Tuesday, spinning off its energy-fo ...