Business News

Factbox-America is one of the largest corporate divisions in Reuters

[ad_1]

4/4
© Reuters. FILE PHOTO: A logo appears outside the Dupont offices in Geneva, Switzerland, on April 15, 2021. REUTERS / Denis Balibouse

2/4

(Reuters) – General Electric (NYSE 🙂 The Co said Tuesday it would split into three public companies focused on energy, healthcare and aviation as the industrial conglomerate seeks to simplify its business, reduce debt and improve share prices.

The move comes after some major divisions of U.S. companies in the past, as listed below.

COMPANY YEAR

1984 AT&T Inc (NYSE 🙂 In 1974, the U.S. government

filed a lawsuit against the competition

Because he was against AT&T Corp.

monopoly of telephone lines.

After an eight-year lawsuit,

both sides a arrived

He took the settlement to AT&T

relinquishing control

operating companies in the region, or

Baby Bells. (https://reut.rs/3mWDI3Q)

2015 Ebay Inc. June 2015, e-commerce company

It approved the spinoff of eBay Inc. (NASDAQ:)

PayPal (NASDAQ :). (https://www.ebayinc.com/stories/news/ebay-inc-board-approves-completion-of-ebay-and-paypal-separation/)

2015 Hewlett Packard Co. November 2015,

Hewlett-Packard was split in two

listed companies. Hewlett

Packard Enterprise, which

they make up corporate hardware

and the service business

Hewlett-Packard, that is

Changing the name of HP Inc (NYSE 🙂 includes

computer and printer business.

(https://reut.rs/3og9c4i)

2016 Honeywell (NASDAQ 🙂 September 2016, Honeywell

International International Inc., one of the United States

manufacturer of aerospace parts

and climate control systems,

he accepted the spinoff for his $ 1.3

billion resins and chemicals

operations in an autonomous

company, AdvanSix (NYSE 🙂 Inc. (https://reut.rs/3F36dTY)

2019 DuPont (NYSE 🙂 In April 2019, DowDuPont Inc

he formed the science of his material

The division was continued by Dow, Inc.

June 2019 with agricultural science

company Corteva (NYSE :), as part of it

split into three companies. (https://reut.rs/31McHYU)

2020 United Technologies (NYSE 🙂 March 2020, United

It was approved by Technologies Corp.

Carrier Global (NYSE 🙂 spinoffs

Corporation and Otis Worldwide (NYSE 🙂

Corporation. (https://www.prnewswire.com/news-releases/united-technologies-board-of-directors-approves-separation-of-carrier-and-otis-and-declares-spin-off-distribution-of-carrier -and-otis-shares-301021893.html)

2021 IBM (NYSE 🙂 IBM created a big part of it

his company, managed and

infrastructure business, as

Kyndryl in November 2021, as

the shed of the 19th century technology company

a growing business

and focused on the high-margin cloud

Artificial intelligence

businesses.



[ad_2]

Source link

Related Articles

Back to top button