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International Business Times
International Business Times
Business
Elodie MAZEIN

Swan Song For General Electric As It Completes Demerger

The logo of US giant General Electric in Belfort, eastern France, on June 3, 2019. General Electric is breaking up into three entities as of April 2, 2024 (Credit: AFP)

The US conglomerate General Electric, co-founded more than 130 years ago by Thomas Edison, is opening a new chapter in its history on Tuesday: its break-up into three independent entities which will then concentrate on their disparate core businesses.

The group announced its "spin-off" project in November 2021, which was to be carried out in several stages.

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