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Sweden's Electrolux AB is near a deal to buy General Electric's iconic appliance business for more than $2.5 billion, Sweden's Electrolux AB is near a deal to buy General Electric's iconic appliance business for more than $2.5 billion, in a move that would significantly expa ... View Video
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GE's Alstom Prize Shifts Focus Back To Finance, Appliance Sales
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The European Union will announce it has approved a deal under which General Electric will acquire the energy business of French company Alstom for $12 billion, a source close to the transaction said Monday. In order to win the green light from the European Commission, GE has had to make concessions, the source said. Approval would end months of uncertainty and tension over the proposed deal ... Read News
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