Reuters reports GE Appliance Division sale to Electrolux could b - WDRB 41 Louisville News

Reuters reports GE Appliance Division sale to Electrolux could be announced next week

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LOUISVILLE, Ky. (WDRB) -- A Reuters news service report published Thursday says Electrolux is in the final stages of talks to buy GE's appliance business for more than $2.5 billion.

A deal could be announced as early as next week, the report said, citing unnamed sources.

The sources said the deal is still being "finalized" and could still take longer to complete.

GE and Electrolux declined comment to Reuters, the report said.

Last month, GE said it was exploring options for its appliance business, which includes Appliance Park in Louisville. Electrolux also confirmed talks.

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