simon-johnson
GE calls off Electrolux appliance deal amid U.S. antitrust fight
December 8, 2015 by elegant · Leave a Comment
By Simon Johnson and Diane Bartz STOCKHOLM/WASHINGTON (Reuters) – General Electric on Monday walked away from a $3.3 billion agreement to sell its appliances business to Sweden's Electrolux, terminating the deal after months of opposition from U.S. antitrust regulators. “The appliances business is performing …
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GE calls off Electrolux appliance deal amid U.S. antitrust fight