GE cancels $3.2 billion sale of its appliance division to Electrolux
General Electric announced Monday that it has decided to cancel the agreement to sell its appliance division to the Swedish group Electrolux which had offered last year to buy it for USD 3.3 billion (3.0 billion euros).
Dec 07, 2015, 21:24 PM ISTUS sues to block Electrolux buy of GE appliance business
US antitrust officials filed suit on Wednesday to block the sale of General Electric`s appliance business to Sweden`s Electrolux, saying the $3.3 billion deal would harm consumers.
Jul 02, 2015, 03:31 AM ISTElectrolux takes on Whirlpool in US with $3.3 bn GE Appliances buy
Sweden`s Electrolux AB said on Monday it would double US sales by paying $3.3 billion in cash for General Electric Co`s appliances business in its biggest ever deal.
Sep 09, 2014, 08:34 AM ISTElectrolux takes on Whirlpool in US with $3.3 bln GE Appliances buy
Sweden`s Electrolux AB said on Monday it would double US sales by paying $3.3 billion in cash for General Electric Co`s appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool.
Sep 09, 2014, 02:25 AM ISTGE says selling home appliances to Electrolux for $3.3 billion
US conglomerate General Electric (GE) announced on Monday it is selling its home appliances business to Swedish white-goods group Electrolux for USD3.3 billion.
Sep 08, 2014, 13:56 PM IST