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Stock Market & Financial Investment News

News Breaks
May 16, 2014
06:37 EDTELUXYElectrolux signs deal with Italy to save jobs, protect sites, Reuters says
The Italian government signed a deal with Electrolux to save the company's four sites in northern Italy and protect the 6K people who work there in exchange for tax breaks and union concessions, according to Reuters, citing comments from Industry Minister Federica Guidi. Reference Link
News For ELUXY From The Last 14 Days
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August 19, 2014
06:22 EDTELUXYGeneral Electric in talks with Electrolux to sell appliance business, WSJ says
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August 14, 2014
13:26 EDTELUXYGE evaluating 'wide range' of options for appliances unit, Bloomberg reports
General Electric (GE) says it is evaluating a "wide range" of options for its home appliance business, Bloomberg reports. According to a GE spokesperson, the company is holding discussions with Electrolux (ELUXY) and other parties. Consumer development startup Quirky is also said to be interested in the GE unit. Reference Link
12:25 EDTELUXYGE says evaluating 'range' of options for Appliances, Bloomberg reports
General Electric confirmed in an interview that its in talks with Electrolux AB (ELUXY) regarding the potential sale of its Appliances unit, Bloomberg reports. GE added its evaluating a "wide range of strategic options" for its Appliances unit.
11:22 EDTELUXYElectrolux confirms in talks to acquire GE Appliances
Electrolux (ELUXY) confirmed that it is in discussions regarding a possible acquisition of the appliances business of GE (GE). "No agreement has been reached, and there can be no assurances that an agreement will be reached. Any further announcements will be made in due course," Electrolux stated.

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