The Swedish producer Electrolux, reached an agreement with the American producer and will pay $3.3 billion in cash. Both companies are some of the oldest and most experienced in the industry. Electrolux will maintain the headquarters in Charlotte. GE attempted to sell its appliance unit in 2008. After failing to do so, the company invested $1 billion in new equipment and training. So right now, … [Read more...]
You are here: Home / Archives for GE appliance