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GE GE Aerospace

164.49
1.85 (1.14%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
GE Aerospace NYSE:GE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.85 1.14% 164.49 165.74 162.0101 165.30 3,967,223 01:00:00

Electrolux, Quirky in Talks to Buy GE Home Appliances -Bloomberg

14/08/2014 1:02pm

Dow Jones News


GE Aerospace (NYSE:GE)
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General Electric Co. (GE) is again considering the sale of its home appliances division and has drawn interest from Sweden's Electrolux AB (ELUXY) and consumer product development startup Quirky, Bloomberg reported Thursday, citing two people with knowledge of the matter.

The deal could be worth as much as $2 billion, the report said.

Quirky would tie-up with private-equity firms to take a majority stake in the century-old business, Bloomberg said, while Electrolux could float a bid alone.

Full story at http://www.businessweek.com/news/2014-08-13/ge-appliances-said-to-draw-electrolux-quirky-as-suitors

Write to nymonitoring@dowjones.com

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