Could any of the current/then employees here suggest the timeline of spinoff for the GE Healthcare division since it announced? I am long GE position and currently evaluate the potential of the GE Healthcare business portfolio. Thanks for the advice.
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GEHC is burning millions right now in seperation activities: M&A consultants, new roles created and recruited for(more outaide US). And all these activities are lead by same people who have brought down GE to this level. with half og gehc now being sold, i forsee massive layoffs coming. GEHC for sure will have to factor in big capital investments that will cut into profits for few years atleast, not to mention other unforseen operational costs.
You may want to post here so this section becomes active:
https://www.thelayoff.com/ge-healthcare
or
be careful of all the debt (pension etc) that GE will throw on to the Healthcare business when spinoff occurs