GE Explores Hybrid Deals, Spinoffs in Strategic Review

Mony
11
0

As its strategic review stretches into a ninth month, General Electric Co. is exploring a public offering for one of its divisions and discussing hybrid deals with public companies to combine assets, according to people familiar with the matter.

Rather than straight asset sales, the hybrid deals would leave GE shareholders with stakes in multiple public companies. The possibilities include spinning off a division to investors or combining a division with a smaller public company in a way that avoids a big tax bill. Such moves…

Facebook Comments

POST A COMMENT.