Exclusive: Electrolux near $2.5 billion-plus deal to buy GE unit: sources

... seeks to exit businesses where GE is not a global leader and allocate resources to higher-growth businesses. Fairfield, Connecticut-based GE put the business up for sale in 2008 but talks fizzled out in the face of the global recession. Immelt ...



via Fairfield Newswire http://www.reuters.com/article/2014/09/04/us-general-electric-electrolux-idUSKBN0GZ1SR20140904?feedType=RSS&feedName=businessNews