March 3, 2016 / 7:09 PM / in 2 years

GE gets anti-trust approval to sell appliance unit to Haier

(Reuters) - General Electric Co (GE.N) said its proposed deal to sell its appliance business to China’s Haier Group for $5.4 billion had received approval from U.S. anti-trust authorities.

    GE has received notice from the Department of Justice that it has completed its review of the proposed transaction, a GE spokeswoman told Reuters.

    GE abandoned the sale of the business to Sweden’s Electrolux AB (ELUXb.ST) for $3.3 billion in December after months of opposition from regulators.

    The Justice Department declined to comment.

    Reporting by Yashaswini Swamynathan and Rama Venkat Raman in Bengaluru; Editing by Maju Samuel

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