Electrolux takes on Whirlpool in U.S. with $3.3 bln GE Appliances buy | Business Information & News | Westlaw

Electrolux takes on Whirlpool in U.S. with $3.3 bln GE Appliances buy | Business Information & News | Westlaw

View on Westlaw or start a FREE TRIAL today, Electrolux takes on Whirlpool in U.S. with $3.3 bln GE Appliances buy, Business Information & News
9/8/14 REUTERS 21:11:00
REUTERS
Copyright © 2014 Thomson Reuters
September 8, 2014
Electrolux takes on Whirlpool in U.S. with $3.3 bln GE Appliances buy
Simon Johnson
Sven Nordenstam
STOCKHOLM (Reuters) - Sweden's Electrolux AB said on Monday it would double U.S. 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...
---- Index References ----
Company: MABE CAMPINAS ELETRODOMESTICOS SA; COHEN AND GRESSER LLP; INDESIT COMPANY SPA; GE APPLIANCES FRANCE SNC; SIDLEY AUSTIN LLP; WHIRLPOOL CORP; GOLDMAN SACHS GROUP INC (THE); DEUTSCHE BANK AG; HEFEI RONGSHIDA SANYO ELECTRIC CO LTD; AKTIEBOLAGET ELECTROLUX; GENERAL ELECTRIC CO
News Subject: (Market Share (1MA91); Mergers & Acquisitions (1ME39); Corporate Events (1CR05); Corporate Groups & Ownership (1XO09); Business Management (1BU42); Sales & Marketing (1MA51))
Industry: (White Goods (1WH77); Dishwashers (1DI03); Home Appliances (1HO19); Consumer Products & Services (1CO62); Consumer Electronics (1CO61))
Region: (Sweden (1SW65); Europe (1EU83); Northern Europe (1NO01); Scandinavia (1SC27); Western Europe (1WE41); Americas (1AM92); North America (1NO39))
Language: EN
Other Indexing: (SEB Corporate Finance) (Tomas Eliasson; Johan Eliason; Johannes Hellstrom; Keith McLoughlin; Diane Bartz; Nigel Coe; Evan Stewart; Davis Polk; Borje Ekholm)
Keywords: securities; ma (MCC:OEC); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 884
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