GE Board of Directors Approves Spin-Off of GE Vernova; GE Vernova and GE Aerospace to Launch April 2, 2024

BOSTON–(BUSINESS WIRE)–General Electric Company (“GE”) (NYSE: GE) today announced that its Board of Directors has approved the previously announced spin-off of GE Vernova.1 The company is expected to begin trading on the New York Stock Exchange (“NYSE”) on April 2, 2024, under the ticker symbol “GEV”. GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. said, “Today’s announcement clears the way for the historic launches of GE Vernova and GE Aerospace, completing our transformation

Read More

Business Wire Divestiture News

Enjoying Merger Arbitrage Limited?

Enjoying Merger Arbitrage Limited?

Sign up then! It's quick and FREE

Have time to share an article? It's very much appreciated!!

You have Successfully Subscribed!