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Companies

GE to divide into 3 separate companies

Health care, energy and aviation will be focus of new businesses

"Today is a defining moment for GE," Chief Executive Larry Culp said of the split. (AP via Kyodo)

LONDON (Financial Times) -- General Electric plans to break into three separate companies, effectively ending its status as America's best-known industrial conglomerate after years of trying to respond to flaws in the model exposed by the financial crisis.

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