GE Plans Health Business Spin-Off, Divestment of Baker Hughes Stake

The transcript discusses an unexpected announcement by Flirty and GE regarding the sale of their healthcare unit. Initially, selling part of the unit was considered a possibility, but the decision to sell the entire unit was surprising. The sale of 20% of healthcare is expected to generate significant cash flow, solving many financial issues. Post-sale, GE will focus on its power and aerospace sectors, with oil and gas also expected to be divested.

What was surprising about the announcement regarding Flirty and GE's healthcare unit?

• The entire healthcare unit was sold unexpectedly.

• The announcement was made in a different language.

• Only a small part of the unit was expected to be sold.

• The announcement was expected to be delayed.

How much of the healthcare unit is GE planning to sell for cash?

• 10%

• 50%

• 20%

• 30%

What is the estimated value of the 20% healthcare unit GE plans to sell?

• $10 billion

• $5 billion

• $20 billion

• $10-$15 billion

After the healthcare sale, which business unit is considered a problem for GE?

• Healthcare

• Oil and Gas

• Power

• Aerospace

Which business unit is described as a terrific business for GE?

• Power

• Aerospace

• Oil and Gas

• Healthcare