Electrolux to boost U.S. presence with $3.3 billion GE Appliances deal

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STOCKHOLM (Reuters) - Sweden's Electrolux said on Monday it would buy General Electric Co's appliances business for $3.3 billion (2 billion pounds) in cash to double sales in North America and take on rival Whirlpool Corp in its biggest ever deal.

Read more http://uk.reuters.com/article/2014/09/08/uk-general-electric-divestiture-idUKKBN0H30AC20140908?feedType=RSS&feedName=topNews

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Electrolux to boost U.S. presence with $3.3 billion GE Appliances deal

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