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Update: Market Chatter: Whirlpool Eyed by Bosch, Reuters Says
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Update: Market Chatter: Whirlpool Eyed by Bosch, Reuters Says
Jun 26, 2024 4:45 AM

07:18 AM EDT, 06/26/2024 (MT Newswires) -- (Adds MT Newswires request for company comment in the fourth paragraph)

German appliance and engineering products maker Robert Bosch is considering an acquisition of Whirlpool (WHR), Reuters reported Wednesday, citing people familiar 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 by nearly 14% in recent Wednesday premarket activity.

Robert Bosch and Whirlpool did not immediately respond to MT Newswires' request for comment.

(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.)

Price: 100.11, Change: +13.08, Percent Change: +15.03

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