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Monday, September 8, 2014

Deals of the day- Mergers and acquisitions, (NYSE: FMC), (NYSE: WHR)

The following bids, mergers, acquisitions and disposals were reported by 1010 GMT on Monday: ** Sweden's Electrolux AB said on Monday it would purchase 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.** Auriga Industries A/S has agreed to sell its crop protection unit Cheminova to U.S.-based chemicals firm FMC Corp FMC.N for 10.5 billion Danish crowns ($1.8 billion), the Danish company said on Monday.

FMC Corporation (FMC) is a diversified chemical company. Shares of FMC traded higher by 1.02% or $0.67/share to $66.27. In the past year, the shares have traded as low as $64.05 and as high as $83.94. On average, 1133600 shares of FMC exchange hands on a given day and today's volume is recorded at 131286.

Whirlpool Corporation (Whirlpool) is a manufacturer and marketer of home appliances. Shares of WHR traded higher by 0.72% or $1.1/share to $153.11. In the past year, the shares have traded as low as $124.39 and as high as $160.01. On average, 1178860 shares of WHR exchange hands on a given day and today's volume is recorded at 42841.



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