You are here

China's Haier to buy GE's appliance unit for US$5.4b

Hong Kong

CHINA'S Haier Group has agreed to buy General Electric Co's appliance business for US$5.4 billion in what would be the country's biggest acquisition of an overseas electronics firm.

The Qingdao Haier Co signed an agreement with GE and the transaction is targeted to close

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom