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Tag: Electrolux

Electrolux shares hit lowest since 2012 on high costs, reluctant customers

Posted on November 1, 2023

Interiors of Electrolux R&D facility are pictured at their plant in Pordenone, Italy, March 27, 2019. REUTERS/ Giulio Piovaccari/File photo Acquire Licensing Rights STOCKHOLM, Oct 27 (Reuters) – (This Oct. 27 story…

China’s Midea Drops Pursuit of Swedish Home Appliance Maker Electrolux

Posted on October 4, 2023

(Bloomberg) — Midea Group Co. has dropped its pursuit of Electrolux AB after finding the Swedish home appliance maker unreceptive to a deal, highlighting the persistent difficulties of Chinese takeovers. The Chinese…

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