![Why companies spin off - podcast episode cover](https://media.npr.org/assets/img/2024/04/08/gettyimages-2131649402_sq-19776157fd6a9c33b8621ff4b6a16dd429cdc08b.jpg?s=3000&c=66&f=jpg)
Episode description
General Electric has been staggering along for years as a conglomerate. But recently, it's turned to a popular strategy to unlock new value: spinning off. Just last week, GE spun off its clean energy business into a new company: GE Vernova. On today's show, we explore what a spin off is and why companies do them.Related Episodes:
What happened to GE?
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy