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GE set to receive bids for home appliances unit

GE re-started the sale process after backing out of an agreement with Sweden's Electrolux on Dec 7.

New York

FIRST-ROUND bids for General Electric Co's home appliances business are due this week, according to people familiar with the matter, as the industrial giant seeks a speedy exit following its aborted deal with Electrolux AB.

Companies including Haier Electronics Group Co