Monday 29 August 2016
 
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Electrolux

GE calls off Electrolux appliance deal

General Electric on Monday walked away from a $3.3 billion agreement to sell its appliances business to Sweden's Electrolux, terminating the deal after months of opposition from US antitrust regulators. GE said it would pursue

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GE calls off Electrolux appliance deal

General Electric on Monday walked away from a $3.3 billion agreement to sell its appliances business to Sweden's Electrolux, terminating the deal after months of opposition from US antitrust regulators. GE said it would pursue

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Electrolux appoints new general manager for region

Electrolux, a global leader in home appliances, has appointed Ian Banes as the general manager for the Middle East, Africa and Turkey (MEA) region, based out of the Electrolux regional headquarters in Dubai. He took over the role

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Electrolux appoints new general manager for region

Electrolux, a global leader in home appliances, has appointed Ian Banes as the general manager for the Middle East, Africa and Turkey (MEA) region, based out of the Electrolux regional headquarters in Dubai. He took over the role

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Electrolux buys GE Appliances for $3.3bn

Sweden's Electrolux said it had agreed on its biggest ever deal, buying General Electric's appliances business for $3.3 billion in cash to boost its presence in North America and take on rival Whirlpool. "GE's premium,

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Electrolux buys GE Appliances for $3.3bn

Sweden's Electrolux said it had agreed on its biggest ever deal, buying General Electric's appliances business for $3.3 billion in cash to boost its presence in North America and take on rival Whirlpool. "GE's premium,

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Electrolux Egypt restarts full production

Electrolux, the world's No. 2 home appliances maker, said on Monday it had restarted full production in Egypt, almost two weeks after it suspended its operations due to violence in the country.   The Swedish

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GM, Metro reopen in Egypt facilities

General Motors and German retailer Metro AG reopened facilities in Egypt on Sunday while Electrolux extended plant closures until security stabilises.   Electrolux, the world's second-biggest home appliances

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Electrolux extends plant closure in Egypt

Electrolux, the world's second-biggest home appliances maker, on Sunday extended the closure of its Egyptian facilities until security stabilises.   Electrolux, which has nearly 7,000 employees in Egypt, susp

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Top international firms close Egypt units

Three major international companies have temporarily closed their production units or offices in Egypt after the deadly clashes between security forces and supporters of ousted president Mohamed Mursi that resulted in the death of more than 50

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