GE to Split Into 3 Companies Focused on Aviation, Healthcare, Energy

The General Electric logo appears above a trading post on the floor of the New York Stock Exchange in New York City, on June 28, 2018. Richard Drew/AP Photo

General Electric has announced it is splitting into three public companies that will concentrate on aviation, healthcare, and energy.

In a Nov. 9 press release (pdf), the company said it plans to spin off GE Aviation, GE Healthcare, and the combined GE Renewable Energy, GE Power, and GE Digital into three separate “industry-leading, investment-grade public companies” in order “to realize the full potential of each business.”