Friday, August 15, 2014

Electrolux may be competition for the GE purchase – Swedish Dagbladet

Electrolux may be competition for the GE purchase – Swedish Dagbladet

The South Korean LG Electronics and Samsung, as well lågkostnadstillverkaren Arcelik from Turkey mentioned as possible bidders in an article in the Financial Times on Friday. The British newspaper refers to a source familiar with the discussions.

The Financial Times also highlights Quirky, a relatively new company that is backed private equity firm Blackstone. Quirky already has a partnership with General Electric and was already mentioned in Thursday’s media speculation that one of the stakeholders.

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