General Electric Divesting Oil Gas & Health Care Businesses

posted by WGY News -


General Electric Continues To Shrink

Boston based GE has announced plans to divest its oil, gas and health care businesses. 

Once those moves are complete, GE will be focused on just three business lines, which are aviation, power and renewable energy.

This news follows recent cutbacks by the company, as well as GE being removed from the Dow Jones Industrial Average.

Photo: Getty Images

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