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GE Finalizes Details Of GE HealthCare Spin-Off

 
• By Barnaby Pickering

Over four years in the making, the deal will spin-off General Electric’s health care business into a separate public company.  

• Source: Shutterstock

General Electric Company’s board of directors has voted to confirm details of the previously announced spin-off of the company’s health care business, GE HealthCare.

The separation will formally occur post-market close on 3 January, where shares in the newly minted company will be distributed to pre-existing General Electric Company shareholders.

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