A Buyer for GE's Dumpy Appliance Unit? Maybe LG

Who will buy GE’s (GE) dumpy but historic appliance unit? Maybe South Korea’s LG. The company is “looking into” acquiring the division, according to Yong Nam, LG’s CEO. GE suggested it would be willing to spin off the division after its lousy Q1.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In