26.06.2024 15:00:06 - dpa-AFX: Whirlpool Shares Up On Reports Of Potential Takeover By Bosch
BERLIN (dpa-AFX) - German engineering group Robert Bosch mulls a potential
acquisition of U.S. home appliances maker Whirlpool Corporation (WHR), Reuters
reported citing people familiar with the matter. Following this, Whirlpool
shares were rising more than 17 percent in pre-market on Wednesday at $102.68.
Bosch has been talking to potential advisers about the possibility of making an
offer for Whirlpool, which has a market capitalisation of about $4.8 billion,
the report said quoting one of the sources.
Whirlpool shares had closed at $87.03, down 5.21 percent on Tuesday. The stock
has traded in the range of $84.18 - $160.62 in the last 1 year.
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