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GE CEO cites five potential bidders for appliances
General Electric Co Chief Executive Jeff Immelt on Wednesday named five non-U.S. appliance manufacturers, including China’s Haier, South Korea’s LG Electronics, Sweden’s Electrolux, Mexico’s Controladora Mabe and Turkey’s Arcelik, as potential bidders for the company’s century-old appliances business.
The chief of the second-largest U.S. company by market capitalization said it was “obvious” who would be interested [...]
