Monthly Archives: January 2016

GE Sells Appliance Unit to Chinese Firm, Haier

$5.4 Billion Sale Follows Failed Deal With Electrolux General Electric has announced the sale of its appliance division to the Chinese firm, Haier for 5.4 billion dollars. The sale includes GE's 48% share of Mabe, a Mexican based appliance firm. … Continue reading

Posted in Appliances, Business | Tagged , , , , , , , , , , | Leave a comment