General Electric (GE) CEO Jeffrey Immelt listed several potential buyers for GE’s appliance unit today:
- South Korea’s LG,
- China’s Haier Group,
- Mexico’s Controladora Mabe, and
- Sweden’s Electrolux.
LG’s CEO, Yong Nam, said yesterday that LG was “looking into” snatching up the GE division. Immelt characterised LG as a “leading candidate.”