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Is Whirlpool Being Taken Over? Here's Why It Would Make Sense.
WHRWhirlpool (WHR) The Motley Fool·2024-07-02 11:46

The company has recently been the subject of takeover speculation. According to Reuters, diversified industrial company Bosch is looking at buying Whirlpool to bolster its household appliances business, BSH Hausgerate. Moreover, Whirlpool is arguably a much more attractive company now that it's positioned its European major domestic appliance (MDA) business with Turkish company Arcelik in return for a 25% stake in the new company, Beko Europe. The deal frees up cash resources and rids Whirlpool of a low-mar ...