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Citigroup Inc. Initiates Coverage on Electrolux AB
2015-12-01 20:24:54| Appliances - Topix.net
Shares of Electrolux AB traded down 0.77% during trading on Tuesday, hitting $58.04. 4,703 shares of the company were exchanged.
Tags: coverage
electrolux
initiates
citigroup
Electrolux: Not in DOJ settlement talks over GE
2015-11-23 21:31:25| Appliances - Topix.net
Electrolux AB said Monday it isn't in settlement discussions with the U.S. Department of Justice, as it continues its antitrust trial to determine whether it can proceed with a proposed $3.3 billion deal to buy General Electric's Earlier this year the DOJ filed a complaint with the Federal Court seeking to stop the deal with the U.S. firm, arguing it would reduce competition and lead to higher prices. Electrolux has contested the argument.
Tags: over
talks
settlement
electrolux
Electrolux CEO Seeks to Retract Antitrust Testimony
2015-11-23 21:31:24| Appliances - Topix.net
Electrolux AB is seeking to retract notable testimony by its chief executive in an antitrust trial where it is fighting to save its planned purchase of General Electric Co.' s appliance business, a potential setback for the company's legal defense.
Tags: ceo
seeks
testimony
electrolux
U.S. government, Electrolux argue at trial over GE appliance deal
2015-11-10 01:13:38| Appliances - Topix.net
The government argued Monday that U.S. consumers would pay 5 percent more for ranges and wall ovens if AB Electrolux was allowed to buy General Electric's appliance business but the companies accused antitrust enforcers of failing to acknowledge powerful and growing competition from overseas manufacturers. The Department of Justice asked a federal court in July to stop Sweden's Electrolux, which makes Frigidaire, Kenmore and Tappan appliances, from buying GE's appliance business for $3.3 billion.
Tags: government
deal
trial
argue
Electrolux not in US settlement talks over GE appliance bid: lawyer
2015-11-05 18:09:22| Appliances - Topix.net
Electrolux AB is not in settlement talks with the U.S. Justice Department on its bid for General Electric's appliance business, a lawyer for Electrolux said on Thursday. WASHINGTON: Electrolux AB is not in settlement talks with the U.S. Justice Department on its bid for General Electric's appliance business, a lawyer for Electrolux said on Thursday.
Tags: bid
lawyer
talks
settlement
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