Reuters reported that U.S. anti-trust authorities have approved the proposed $5.4 billion sale of GE’s appliance business to China's Haier Group. read more
MAR 4, 2016 - 7:30 am
General Electric said it has terminated its agreement to sell its appliances business to Electrolux. GE noted it is entitled to a break-up fee of $175 million from Electrolux. read more
DEC 7, 2015 - 7:27 am