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Organisation: Kenmore

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Electrolux AB Buys General Electric Co.s Home Appliances Unit For $3.3 Billion

Electrolux US strategy ‘in tatters’ as deal to General Electric’s appliance business collapses

Electrolux shares slumped more than 10% yesterday after a $3.3bn (€2.93bn) deal to buy General Electric’s appliance business fell through.

Tue, 08 Dec, 2015