Electrolux is one of five finalists bidding to purchase the now-defunct Daewoo electronics. Daewoo, currently controlled by its creditors, has received several letters of intent from various firms around the world, including Sweden’s Electrolux. Daewoo went under in 1999 after it had downsized to focus on its profitable laundry and refrigerator products. According to Reuters, final bidding will take place… Read More