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    1. Whirlpool's Outlook Is Soft But The Price Is Attractive

      Headlines

      Mon, 22 Sep 2014

      Acquisition of Hefei Sanyo In 2013 Whirlpool Corporation ( NYSE : WHR ) announced it would acquire ..... Chinese appliance market. Whirlpool is the leading home appliance ..... presence in China is very small. Whirlpool 's Asian business contributed

    2. Whirlpool nabs approval for purchase of Chinese appliance maker

      Headlines

      Mon, 15 Sep 2014

      Whirlpool ( NYSE : WHR ) announces it received approval from the China Securities Regulatory Commission to acquire a controlling stake in Hefei Rongshide

    3. Update: GE Sells Its Appliance Business To Electrolux, Narrows Focus On Industry

      Headlines

      Tue, 9 Sep 2014

      deal is big news for Electrolux, which will now take the number one spot in the US for white goods, beating out Whirlpool ( NYSE : WHR ), but the news is even bigger for GE. It means that General Electric is moving away from consumer-oriented

    4. Electrolux takes on Whirlpool in U.S. with $3.3 billion GE Appliances buy

      Headlines

      Mon, 8 Sep 2014

      STOCKHOLM (Reuters) - Sweden's Electrolux AB said on Monday it would double U.S. sales by paying $3.3 billion in cash for General Electric Co's appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool .

    5. UPDATE 5-Electrolux takes on Whirlpool in U.S. with $3.3 bln GE Appliances buy

      Headlines

      Mon, 8 Sep 2014

      * Values unit at 7.0-7.3 X 2014 EBITDA, ex synergies of $300 mln

    6. GE Agrees to Sell Home Appliances Unit to Electrolux for $3.3 Billion in Cash

      Commentary

      Mon, 8 Sep 2014

      portfolio of higher-end appliances broadens Electrolux’s reach in the U.S., where it competes head to head with Whirlpool . For GE, shedding the cyclical appliance unit monetizes a valuable consumer-oriented brand, while allowing the company

    7. Whirlpool has new main rival in North America

      Headlines

      Mon, 8 Sep 2014

      Shares of Whirlpool ( WHR +0.8% ) are mildly higher after Electrolux buys GE's appliances business. Though Electrolux will have the scale to take on Whirlpool directly, the roughly 40%-40% market split could end up help

    8. Update: General Electric Sells Appliance Business For $3.3 Billion

      Headlines

      Mon, 8 Sep 2014

      presence in North America." Electrolux is currently the number two appliance business in the United States [behind Whirlpool ( NYSE : WHR ); per research firm Statista]. The sale will add $0.05-$0.07 to GE's earnings. ELUXY expects to

    9. Electrolux to boost U.S. presence with $3.3 bln GE Appliances buy

      Headlines

      Mon, 8 Sep 2014

      STOCKHOLM, Sept 8 (Reuters) - Sweden's Electrolux said on Monday it had agreed its biggest ever deal, buying General Electric Co's appliances business for $3.3 billion in cash to boost its presence in North America and take on rival Whirlpool Corp .

    10. General Electric: Sale Of The Appliances Unit Cannot Come Soon Enough

      Headlines

      Fri, 5 Sep 2014

      business, which includes brands such as GE Monogram, GE Cafe and Hotpoint, to its roster may help it propel past Whirlpool Corp ( NYSE : WHR ), currently sitting at the number one spot. That Complete Story »

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