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Read More »China's Haier Bids $1.28B for Maytag
SHANGHA – Haier Group (search), the top Chinese appliance maker, and private equity giants Bain Capital and Blackstone Group have bid $1.28 billion for Maytag Corp. (MYG), topping Ripplewood Holdings LLC’s offer for the U.S. washer maker. Haier’s global ambitions would be boosted by adding Maytag, which also makes Hoover …
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