Electrolux has agreed to buy General Electric's century-old appliances unit for $3.3 billion in cash, putting the Swedish company on a par with industry leader Whirlpool Corp. of the United States.
Electrolux and LG have long been two of the best brands for front-load washers, and not just in our own testing. Multiple ...
AB Electrolux of Sweden, the parent company of the U.S. brands Electrolux and Frigidaire, has purchased GE Appliances for $3.3 billion. "The acquisition, which is our largest ever, strengthens our ...
Electrolux has signed on for early access to Google's Internet of Things platform for the manufacturer's smart appliances. Ashlee Clark Thompson Associate Editor Ashlee spent time as a newspaper ...
Your kitchen is so much more than just another room in your house. It’s where you nourish yourself, hone your creativity and nurture your loved ones — but what if it were also a place where you could ...
Well, that didn't happen. General Electric (NYSE: GE) announced on Dec. 7 that it was terminating its $3.3 billion agreement to sell its consumer appliances business to Sweden's Electrolux (NASDAQOTH: ...
Electrolux's $3.3 billion deal to buy General Electric's (GE) appliance business fell through on Monday, torpedoing the Swedish firm's plan to bolster its U.S. business and sending its shares down as ...
STOCKHOLM/WASHINGTON (Reuters) - General Electric on Monday walked away from a $3.3 billion agreement to sell its appliances business to Sweden's Electrolux, terminating the deal after months of ...
Swedish appliance maker Electrolux will buy General Electric’s appliance division for $3.3 billion, the companies announced Monday. Electrolux, which owns the Frigidaire and Eureka brands, is looking ...
General Electric, whose refrigerators, stoves, washing machines and other products made it a venerable household name for over a century, announced Monday that it's selling its appliance business, ...
The Department of Justice has blocked the deal since July on grounds that fewer suppliers could send prices skyrocketing, with a decision expected this month or next month. STOCKHOLM — General ...