Industry & Business

Tag "Electrolux"

CEO of Sweden’s Electrolux to step down

Keith McLoughlin, the boss of Swedish home appliances maker Electrolux announced today he will retire a month after the biggest deal in the company’s history was scuppered.  The Board has

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GE calls off sale of appliances business to Electrolux

    GE calls off sale of appliances business to Electrolux

General Electric has walked away from a $3.3 billion agreement reached in September 2014 to sell its appliances business to Sweden’s Electrolux, terminating the deal after months of opposition from

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