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Germany, France Indexes Jump 1.7%; GE Terminates Electrolux Agreement

2015-12-08 11:47:16| Appliances - Topix.net

Low oil prices kept London gains in check. Electrolux plunged after GE terminated the sale of its appliance business.

Tags: france germany jump agreement

 

GE scraps $3.3bn deal with Electrolux

2015-12-07 17:53:24| BBC News | Business | UK Edition

General Electric announces plans to terminate the $3.3bn (2.2bn) deal to sell its appliances unit to Swedish manufacturer Electrolux.

Tags: deal electrolux scraps 33bn

 
 

Electrolux Drops After GE Pulls $3.3 Billion Appliance Deal

2015-12-07 16:11:37| Appliances - Topix.net

Electrolux AB fell the most in more than four years after General Electric Co. abandoned plans to sell its appliance business to the Swedish manufacturer for about $3.3 billion because of opposition from U.S. antitrust regulators.

Tags: deal billion drops appliance

 

GE Terminates Deal to Sell Appliances Unit to Electrolux

2015-12-07 09:55:38| Appliances - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. General Electric Co.

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Home Depot executive defends Electrolux deal for GE in U.S. court

2015-12-03 00:21:30| Appliances - Topix.net

Dec 2 AB Electrolux's deal to buy General Electric Co's appliance business will tie together two companies facing stiff competition from Asian competitors and be good for consumers, Home Depot Inc executive Bob Baird testified in U.S. federal court on Wednesday. The Justice Department is asking a judge to stop Sweden's Electrolux, which makes Frigidaire, Kenmore and Tappan appliances, from buying GE's appliance business for $3.3 billion.

Tags: home us deal court

 

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