“What we are doing today is creating three of the best investment quality world leaders in healthcare, aviation and energy,” CEO Larry Culp said in an interview. “GE has been at the forefront of these markets for a long time and today we are preparing for another century of leadership.”

GE shares traded up about 8 percent in freemarket trading in the United States, up from 17 percent previously. GE said it expects to collect $ 2 billion in lump sum as part of the separation, conversion and operating costs associated with the project and less than $ 500 million in tax costs.

The Comprehensive Plan marks the end of an era that defined the vast majority of American companies of the 20th century. Follows the dissolution of many large and diversified companies Investors like to focus on width.