General Electric was once the mightiest enterprise in the world, worth hundreds of billions of dollars. When GE decided to break itself apart in 2021, many believed this symbolised the demise of the American conglomerate. But as the FTтАЩs Mark Vandevelde reports, bringing hundreds of companies together under common ownership hasnтАЩt died, it has a new name: private equity.
#kkr #conglomerates
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