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GE cancels $3.2 billion sale of its appliance division to Electrolux

General Electric announced Monday that it has decided to cancel the agreement to sell its appliance division to the Swedish group Electrolux which had offered last year to buy it for USD 3.3 billion (3.0 billion euros).

US sues to block Electrolux buy of GE appliance business

US antitrust officials filed suit on Wednesday to block the sale of General Electric`s appliance business to Sweden`s Electrolux, saying the $3.3 billion deal would harm consumers.

Electrolux takes on Whirlpool in US with $3.3 bn GE Appliances buy

Sweden`s Electrolux AB said on Monday it would double US sales by paying $3.3 billion in cash for General Electric Co`s appliances business in its biggest ever deal.

Electrolux takes on Whirlpool in US with $3.3 bln GE Appliances buy

Sweden`s Electrolux AB said on Monday it would double US sales by paying $3.3 billion in cash for General Electric Co`s appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool.

GE says selling home appliances to Electrolux for $3.3 billion

US conglomerate General Electric (GE) announced on Monday it is selling its home appliances business to Swedish white-goods group Electrolux for USD3.3 billion.

Italy strikes deal with Electrolux to save 1,200 jobs

Italy`s government signed a deal with trade unions and representatives of Swedish home appliance maker Electrolux to stave off the threat of closure for one of the company`s factories and save 1,200 jobs.

Volvo, Electrolux slash jobs in upset for Swedish economy

Volvo's net profit was far below analysts' expectations, and profit at Electrolux slumped by nearly 30 percent.

Kent RO to sell water purifier under Electrolux brand

Kent RO is expecting to sell 50,000 units of the Electrolux range of water purifiers this year.

PepsiCo names Enderson Guimaraes as global operations chief

PepsiCo Inc said on Wednesday former Electrolux executive Enderson Guimaraes will join the beverage and snack maker as president, global operations next month.

Sonam to endorse Electrolux appliances

Sonam Kapoor is the new brand ambassador of Electrolux home appliances.