Briefly explain about the General Electric and Electrolux deal?
Others answers (1)
- eAnswers...Dec 31, 2014
>> With this deal Electrolux will get access to both North and South America in a very good way and will become very strong in all of the Americas
>> The deal comes amid a wave of consolidation among makers of home appliances such as dishwashers, washing machines
>> GE is selling all the smaller businesses as it is concentrating on its heavy industrial businesses such as jet engines, power turbines,
>> The GE deal gives the Swedish company a great market position in North America with a combined market share of 40%
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