Tag: General Electric Co

GE to sell appliances business to China’s Haier for $5.4 billion

January 15, 2016/Reuters Haier Group said it would buy General Electric Co’s appliance business for $5.4 billion, the Chinese company’s latest attempt to boost its presence in the lucrative United States market. Haier, which made an abortive attempt in 2008 to buy the business, has a negligible presence in the […]