Whirlpool stocks were bumped up after the world’s largest home appliance producer announced plans to acquire Italy’s Indesit.

According to reports, Whirlpool inked a deal with Fineldo to acquire its shares in the Italian company; the parties agreed on a $1.03 billion deal. In total, Whirlpool will nab a 66.8 percent …read more

Source: Global Competition Law Blogs