Saturday 23 November 2024
 
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Haier

Haier to buy GE appliances business for $5.4bn

General Electric Company said it would sell its appliance business to China's Haier Group for $5.4 billion in cash, another step in its push to sell its non-core assets and project itself as a technology company. The deal come

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GE to sell appliances business for $5.4bn

General Electric Co said it would sell its appliance business to China's Haier Group for $5.4 billion in cash, another step in its push to sell its non-core assets and project itself as a technology company. The deal comes wee

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Haier sets sights on ME market

Present in over 100 countries worldwide, Haier, the worlds’ fourth largest manufacturer of household appliances, one of the world’s fastest growing companies, has set its sights firmly on strengthening its presence in the Middle East and Africa.

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