DOJ Wants Electrolux to Divest its Entire U.S. Business

(Updated - November 5, 2015 10:55 AM EST)

DOJ wants Electrolux to divest its entire U.S. business, according to Bloomberg headlines.

UPDATE - In September 2014, Electrolux agreed to acquire GE's (NYSE: GE) appliance business. The unit was to be sold in a deal worth $3.3 billion.

Electrolux is also not having settlement talks with U.S. in GE case, according to a company lawyer on a conferee call today.

Also on watch amid the news today is Whirlpool (NYSE: WHR).

You May Also Be Interested In

• Apollo to acquire easyJet for £5.7B in cash deal
• Fox reports Q4 earnings beat on World Cup ad revenue boost, shares gain
• Sunrise Realty Trust to acquire Southern Realty Trust in stock deal