Sorry there’s not much more on this topic other than the little snippet here:
(AGI) – Rome, Italy, Jan. 12 – Merloni Elettrodomestici has purchased 8 pct more of GDA (Hotpoint) from General Electric for a total value of 57.12 million dollars in accordance with the operation of ‘put option’ by GE established based on the ‘put and call’ agreement in June 2002. Merloni Elettrodomestici’s total stake will amount to 68 pct, in the meantime. (AGI)
Profits at the Comet electrical goods chain crashed more than a fifth last year as sales of fridges, freezers and washing machines collapsed.
John Clare, the chief executive of Dixons, received a total of £1.43m last year in salary, bonuses, and share awards, despite the electrical retailer issuing a severe profits warning in January.
MATSUSHITA Electric Industrial Co Ltd, which is unifying its Panasonic and National brands globally as a growth strategy, is confident that it will be effective in gaining a larger market share worldwide.