Electrolux
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The Impact of the General Electric Appliances–Haier Deal
General Electric’s (GE) Appliances & Lighting business generated 5.8% of GE’s revenues in 2Q16 but accounted for only 2.3% of profit.
YTD 2016 Portfolio Moves of the Calvert International Equity Fund
The Calvert International Equity Fund (CWVGX) aims to invest in at least three countries and focuses on bottom-up research.
General Electric-Haier Deal to Close in 2Q16
On January 15, 2016, GE agreed to sell its appliances business to Haier for $5.4 billion.
Why General Electric Sold Its Appliances Business to Haier
General Electric wants to shift away from the appliances business, as this segment doesn’t fit into its core business portfolio.
Gauging General Electric’s Appliance Segment
General Electric recently announced that its appliance and lighting division would be sold to Haier.