Electrolux wants to discuss Daewoo purchase


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Monday, 27 June 2011
The Swedish appliance manufacturer Electrolux has agreed to begin negotiations with South Korean Daewoo Electronics' creditors on a takeover of Daewoo.

Reuters news agency, referring to a source with direct insight in the whole deal reports about the business.

According to the source, the creditors have not yet decided whether to negotiate with Electrolux or not

Previously, Iranian Entekhab Industrial's bid for Daewoo, worth about Skr3.3 billion, was turned down.
By Team

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