WSJ.com: US Business
Electrolux to Buy GE's Appliances Business
Sept. 8, 2014 1:57 a.m. ET
General Electric Co. will sell its appliances business to Swedish appliance maker Electrolux AB for $3.3 billion, in a deal that is expected to close next year.
At closing, the deal is expected to generate a gain of 5 cents to 7 cents a share, GE said in a news release on Monday.
Electrolux will continue to use the GE Appliances brand. The deal has been approved by the boards of both GE and Electrolux....
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