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Samsung Electronics held talks with GE for appliances business: Yonhap

2016-01-16 06:16:20| Electronics - Topix.net

Tech giant Samsung Electronics Co Ltd held talks with General Electric Co about buying the U.S. company's appliances businesses but negotiations broke down on antitrust issues, South Korea's Yonhap News agency reported on Saturday. The report said Samsung initiated the talks after General Electric walked away from a deal with Electrolux AB due to opposition from U.S. antitrust regulators.

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Category:Electronics and Electrical

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