Whirlpool reports merger with Arçelik will be completed by April 2024

Whirlpool has reported that it expects its merger with Arçelik will be completed by April 2024. It said the transaction will “unlock significant value creation” and expects £250 million annual increased free cash flow. Only recently the UK CMA opened an investigation into the merger. This update came as part of Whirlpool’s latest financial report. […]