02.04.2024 09:10:11 - dpa-AFX: Whirlpool Announces Completion Of Transaction With Arçelik

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Whirlpool Corporation announced the
completion of its transaction with Arçelik, creating a new European appliance
company. Whirlpool now owns 25 percent of the new entity, called Beko Europe
B.V., and Arcelik owns 75 percent. Whirlpool also completed its sale of the
company's Middle East and North Africa business to Arçelik. Holger Gottstein and
Gilles Morel, two members of Whirlpool Executive Committee, will be appointed to
the board of directors of Beko Europe B.V.

Whirlpool Corporation said the company will focus on its strong positions in the
Americas and India. Whirlpool is retaining ownership of InSinkErator and its
EMEA KitchenAid small and major domestic appliance business.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
WHIRLPOOL CORP. DL 1 856331 Frankfurt 81,360 07.06.24 09:10:22 -0,240 -0,29% 0,000 0,000 81,280 81,360

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