GE is breaking up, but it wants a bunch of its debt back first

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

GE wants to buy back up to $23 billion in bonds maturing in 2022 to 2050. That's a step toward creating a clean break before the three new companies can write their own futures, one analyst said.

General Electric Co. said it is calling it quits on life as a megaconglomerate, unveiling a plan to split into three publicly traded companies. Its areas of focus will be simple: healthcare, energy and aviation — specifically, building aircraft engines.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

horrible

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The End of the GE Era - The Journal. - WSJ PodcastsWith a reputation as the company whose leaders knew how to run any kind of business, General Electric once made everything from lightbulbs to jet engines. Then, last week, the storied American company announced it was breaking up. WSJ's Thomas Gryta tells the story of how GE's management philosophy fell back down to earth. tgryta But money is being handled by a LA politician There’s going to be 15% surcharge for every $1 spent
Source: WSJ - 🏆 98. / 63 Read more »

'I Lost 81 Pounds With The CICO Rule And The Fitness Marshall Dance Videos'After multiple health scares, Kayla wanted to take back her health. What is the CICO Rule
Source: Women's Health - 🏆 475. / 51 Read more »

Teachers find themselves in paid leave debate as they face burnout, shortages'The system is broken and we see that it's broken, but everyone tries to go on like it's normal.'
Source: ABC - 🏆 471. / 51 Read more »

Taylor Swift Has Seven Different Albums On Billboard Top 100It’s the first time that the “Red” artist has ever accomplished this. good luck NTHOL is Turkey's cheapest and the most promising stock. It is the largest group of hotels and casinos in the Mediterranean. It will earn at least 10x this year. handetibuk netholdingas TURKEY Billboard Hot 100
Source: Forbes - 🏆 394. / 53 Read more »

Bachelorette Sneak Peek: See Joe Literally Shoot His Shot With Michelle - E! OnlineIt's the ultimate Bachelorette one-on-one we never knew we needed. Watch the intense basketball game here. I’ve never seen someone as perfect as intocryptovere he know how to analyze trade with he strategies he earned me so much profit. I made $15,000 in 10 days of working with him. intocryptovere She's fucking heinous !!!
Source: enews - 🏆 466. / 52 Read more »

Now You Can Own Harry Styles’ Nail Polish: Singer Launches Gender-Neutral Beauty LineI am a Texas native covering breaking news out of New York City. Previously, I was an editorial assistant at the Forbes London bureau.
Source: Forbes - 🏆 394. / 53 Read more »