06:46 AM EDT, 06/26/2024 (MT Newswires) -- German appliance and engineering products maker Robert Bosch is considering an acquisition of Whirlpool (WHR), Reuters reported Wednesday, citing people unfamiliar with the matter.

The company has an estimated market capitalization of $4.8 billion. The sources told Reuters it remained unclear whether Bosch would make an offer for the firm.

Whirlpool shares were up more than 11% in recent Wednesday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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