|May 16, 2014|
|06:37 EDT||ELUXY||Electrolux 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
Check below for free stories on ELUXY the last two weeks.
|August 19, 2014|
|06:22 EDT||ELUXY||General Electric in talks with Electrolux to sell appliance business, WSJ says|
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|August 14, 2014|
|13:26 EDT||ELUXY||GE 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 EDT||ELUXY||GE 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 EDT||ELUXY||Electrolux 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.