Samsung Electronics held converses with GE for apparatuses business: Yonhap
Tech goliath Samsung Electronics Co Ltd held converses with General Electric Co about purchasing the U.S. organization's machines organizations yet arrangements separated on antitrust issues, South Korea's Yonhap News office wrote about Saturday.
The report said Samsung started the discussions after General Electric (GE) left an arrangement with Electrolux AB because of resistance from U.S. antitrust controllers.
Without refering to its sources, Yonhap said GE finished chats with Samsung after U.S. controllers communicated worries about antitrust issues. The South Korean firm is a noteworthy player in the U.S. apparatuses market.
China's Haier Group said it would purchase the GE business for $5.4 billion.
A Samsung representative declined to remark, while GE couldn't be quickly gone after remark.
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