GE Breaks Up into 3 Public Companies, Completing Years-Long Transformation

• GE completes breakup into 3 separate public companies - GE Aerospace, GE Vernova, and GE Healthcare • Marks end of an era for the industrial conglomerate after over a century as a single entity • Breakup is culmination of years-long transformation effort led by CEO Larry Culp • GE Aerospace forecasts $10B operating profit by 2028 amid strong aviation market demand • GE Aerospace, GE Vernova energy business start trading on NYSE; GE Healthcare already public