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In 1986, Mabe entered into a joint venture with General Electric to produce appliances for the US market where GE received a 48% minority stake. By the mid-1990s, more than two-thirds of all gas ranges and refrigerators imported into the United States were designed and manufactured by Mabe, and 95% of those sold under the General Electric ...
Following the proposed sale of GE Appliances to Electrolux in September 2014, [2] GE Appliances & Lighting ceased to exist. As of October 1, 2015, this transaction has not closed due to US antitrust action. Eventually GE Appliances was sold to Haier in June 2016.
From 2010 to late 2014, GE Appliances & Lighting was a sub-business under GE Home & Business Solutions. [ 12 ] On September 8, 2014, General Electric agreed to sell the company to Electrolux , a Swedish appliance manufacturer and the second-largest consumer appliance manufacturer after Whirlpool Corporation , for US$3.3 billion in cash.
A drunken police officer in Zambia freed 13 suspects from custody so that they could go and celebrate the new year, officials say. Detective inspector Titus Phiri was arrested after releasing the ...
The woman accused of stabbing a postal worker to death over a spot in line at a Harlem deli has a long history of knife violence — and once threatened “to cut” one of her previous victims.
GE enters negotiations with Comcast Corporation to sell the NBC Universal unit; Clearance by the FCC and US Attorney General are required 2011 GE completes sale of NBC Universal with Comcast. GE still owns 49% of The Venture 2013 GE sells the remaining part of NBC Universal to Comcast. 2013 GE sells Vital Signs division Carefusion for 500M USD ...
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