UPDATE 1-Electrolux to boost U.S. presence with $3.3 bln GE Appliances buy
September 08, 2014 at 02:41 AM EDT
STOCKHOLM, Sept 8 (Reuters) - Sweden's Electrolux said on Monday it would buy General Electric Co's appliances business for $3.3 billion in cash to double sales in North America and take on rival Whirlpool Corp in its biggest ever deal.