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Electrolux to acquire GE Appliances

2014-09-08 07:57:38| Appliances - Topix.net

AB Electrolux today announced it has entered into an agreement to acquire the appliances business of General Electric , one of the premier manufacturers of kitchen and laundry products in the United States, for a cash consideration of USD 3.3 billion. The acquisition enhances Electrolux's position as a global player in home appliances, offering an unparalleled opportunity to invest in innovation and growth, which will benefit consumers, retailers, employees and shareholders.

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Exclusive: Electrolux near $2.5 billion-plus deal to buy GE unit: sources

2014-09-04 19:20:25| Appliances - Topix.net

Sweden's Electrolux AB is near a deal to buy General Electric Co's iconic appliance business for more than $2.5 billion, in a move that would significantly expand its reach in North America, people familiar with the matter said. The companies are hammering out final terms of a deal and could announce their agreement as soon as next week, the people said on Thursday, asking not to be named because the matter is not public.

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Exclusive: Electrolux Near $2.5 Billion-plus Deal To Buy GE Unit - Sources

2014-09-04 19:20:24| Appliances - Topix.net

Sweden's Electrolux AB is near a deal to buy General Electric Co's iconic appliance business for more than $2.5 billion, in a move that would significantly expand its reach in North America, people familiar with the matter said. The companies are hammering out final terms of a deal and could announce their agreement as soon as next week, the people said on Thursday, asking not to be named because the matter is not public.

Tags: buy unit deal sources

 

Electrolux, GE Talking Appliances

2014-08-19 00:14:11| Appliances - Topix.net

Around the time General Electric Co. executives were closing a deal to buy rival Alstom SA's power business in France, the conglomerate was already entertaining visitors interested in buying its appliance business back in the U.S. The guests were from Sweden-based Electrolux AB, and they had arrived at Appliance Park, GE's longtime manufacturing ... (more)

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Electrolux Confirms Talks To Acquire GE Appliances

2014-08-15 10:57:24| Appliances - Topix.net

Confirming media reports, Swedish home appliances company Electrolux AB on Thursday confirmed that it is in discussions on a possible acquisition of the home appliances business of diversified conglomerate General Electric Co.

Tags: talks appliances acquire confirms

 

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