What does AEG mean in London Stock Exchange?
This page is about the meanings of the acronym/abbreviation/shorthand AEG in the Business field in general and in the London Stock Exchange terminology in particular.
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What does AEG mean?
- Allgemeine Elektricitäts-Gesellschaft is a German producer of electrical equipment founded in 1883 by Emil Rathenau. In 1967 AEG joined with her subsidiary Telefunken AG creating Allgemeine Elektricitäts-Gesellschaft AEG-Telefunken. In 1985 Daimler-Benz purchased the AEG Aktiengesellschaft and wholly integrated the company in 1996 into Daimler-Benz AG. The remains of the AEG became part of Adtranz and Deutsche Aerospace. By 1997 the AEG company no longer existed. After acquiring the household division of AEG in 1994, in 2005 Electrolux bought the rights to the brand name AEG and now uses it on some of its products. As of 2009, the AEG name is also licensed to various companies.