Electrolux said in accordance with the terms of the transaction agreement, it will pay the termination fee of $175 million to General Electric. read more

DEC 10, 2015 - 7:08 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

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According to the Wall Street Journal, the U.S. government rejected an antitrust settlement proposal from Electrolux in its efforts to close a $3.3 billion purchase of GE’s home-appliance business. read more

NOV 2, 2015 - 7:38 am

The Justice Department filed an antitrust lawsuit to stop Electrolux from buying GE’s appliance business. Official says “proposed acquisition would leave millions of Americans vulnerable to price increases.” read more

JUL 2, 2015 - 7:15 am