Category: Business News
General Electric’s healthcare unit is ready to begin its solo flight on the bourses.
In November 2021, the industrial giant decided to break up into three parts. Its healthcare unit, comprising medical technology, pharmaceutical diagnostics, and digital solutions, starts trading on the Nasdaq under the ticker GEHC tomorrow (Jan. 4).
The healthcare unit is the first one to spin out. Next, in early 2024, GE plans to create a new entity by combining its renewable energy, power, and digital into one business.