Copyright © 2020 InvestorPlace Media, LLC. Article printed from InvestorPlace Media, https://investorplace.com/2019/07/general-electric-stock-ge-spinoff-value/.However, I believe that General Electric needs another spinoff to create greater shareholder value.©2020 InvestorPlace Media, LLCAfter a 54% upside since December 2018, the General Electric stock currently trades at a market capitalization of $89 billion.For GE Aviation, almost 38% of the order backlog is from China, Asia Pacific and Latin America. The first split for GE took place on June 08, 1971. GE received approximately $2.9 billion in cash as well as shares of Wabtec common stock and Wabtec nonvoting convertible preferred stock that together represent an approximately 24.9 percent ownership interest in Wabtec. The end result will be a more vertically integrated freight car business that is… Read More » While the company has made progress in terms of organizational restructuring and liquidity cushion, more shareholder value creation avenues need to be explored.Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The company also builds new switchers — locomotives used to move cars around in railyards — and commuter locomotives. Further, as of June 2019, the company’s engine and services backlog was $209 billion. It is based in Wilmerding, Pennsylvania.Learn more about our culture, businesses, and life at GE. Explore a career with us.Creating the energy technologies of the future and improving the power networks that we depend on today.Explore the latest stories, news, downloads, and press tools.Commercializing GE’s technology and IP to accelerate growth and achieve market differentiation.Voices is a network for GE’s US supporters interested in the company’s impact in their communities and in issues that impact the company.We connect capital to infrastructure and deliver innovative financial solutions that help make the world work better.Access GE’s recent and historic Annual Reports and accompanying materials.Contact information for general inquiries and feedback.Offering a suite of products to help unlock the full potential of additive manufacturing.We build intelligent devices, data analytics, applications and services to enable healthcare practitioners to deliver care more efficiently and with better outcomes.Discover how our people & technology are solving global issues, improving lives, and changing industries.Raymond T. Betler, Wabtec’s president and CEO, said the deal was “a once-in-a-lifetime opportunity to bring together nearly four centuries of collective experience to create a technologically advanced leader with a highly complementary set of capabilities to move and improve the world.”By embracing diverse teams and perspectives, we are better equipped to build a world that works.Tune in or catch up on GE’s latest investor events and reports.“This transaction is good for GE shareholders, who gain equity in an organization at the forefront of rail innovation; for GE, as we work to reduce leverage and strengthen our balance sheet; and for Wabtec, which now has a stronger and more diversified business mix to serve its customers,” said GE Chairman and CEO H. Lawrence Culp Jr. “The GE and Wabtec teams worked hard to complete this deal, and I am excited by the opportunities ahead for Wabtec.”Read the latest GE financial news releases and stories.Our technology, global network, and exceptional team is fueled by a mission—building a world that works.Explore a timeline of GE technologies that have spurred transformation across the world.A culture of integrity, compliance, safety, and respect for human rights, while reducing our environmental footprint.Get in touch and stay informed.GE Aviation is a world-leading provider of aircraft engines, systems and avionics.Wabtec is a global provider of equipment and systems services for transit and freight rail.

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