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General Electric, an industrial conglomerate pioneer, to break up

November 10, 2021 7:08 AM

CHICAGO (REUTERS) – 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 (Nov 9).

Source : http://www.straitstimes.com/business/companies-markets/general-electric-an-industrial-conglomerate-pioneer-to-break-up

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