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Deals Rumor Mill: Electrolux, Grocery Outlet, KKR

By Benjamin Horney (September 4, 2014, 6:55 PM EDT) -- Sweden's Electrolux AB is on the verge of acquiring General Electric Co.'s household appliances unit in a deal that could be worth more than $2.5 billion, Reuters reported on Thursday. According to the report, the details of the deal are still being finalized, and an official announcement could come as soon as next week. Electrolux has been at the forefront of a group of suitors seeking to buy the household appliances unit since mid-August. The GE unit sells products under brands such as GE Monogram, GE Cafe and Hotpoint....

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