Margins in Europe continue to improve. Results in Major Appliances EMEA continued to strengthen and the EBIT margin improved to 4.3% in the first quarter of 2015 compared to 1.8% ...Read more
Electrolux in discussions to acquire GE Appliances
AB Electrolux today confirmed that it is in discussions regarding a possible acquisition of the appliances business of 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.
For further information
Contact Electrolux Press Hotline, +46 8 657 65 07.
Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 17.20 CET on Aug 14, 2014
|Press release – Electrolux in discussions to acquire GE Appliances August 14, 2014 - Language: English||August 14, 2014||English|
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