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Electrolux News

07 Dec 2015

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).

01 Jul 2015

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.

09 Sep 2014

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.

08 Sep 2014

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.

General Electric

08 Sep 2014

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.

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