We're still evaluating the deal, but we don't expect a change to GE's fair value estimate.
We expect new CEO Culp will successfully lead a multiyear turnaround.
GE Healthcare's size would rank as one of the world's largest for a public healthcare company, but we're not making any changes to our fair value estimate on the news.
We are maintaining our fair value estimate as well as our very high uncertainty rating as the narrow-moat firm creates a new digital entity.
Selling part of BHGE sooner is a necessary move, in our view.