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Mergers and acquisitions

World news about “Mergers and acquisitions” published by euronews.

08/09 13:40 CET

Electrolux increases US presence with GE Appliance buyout

Electrolux increases US presence with GE Appliance buyout

Electrolux has announced it is to buy General Electric's home appliances business for $3.3bn in cash. The Swedish company wants to get a stronger foothold in the expanding US market, which is growing faster than in Europe. Electrolux is already the world's second-largest home…