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Whirlpool to Acquire Stake in Hefei Sanyo

Stock Researching
Publish date: Tue, 13 Aug 2013, 10:00 AM
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From Liston Street Pulse:

Whirlpool (WHR) has announced that it will acquire a majority stake in China's Hefei Rongshida Sanyo Electric Co. for approximately $552 million. The Benton Harbor, Michigan-based company today said in a statement that it will acquire all shares currently owned by Sanyo Electric Co. Ltd. and Sanyo Electric Co. (China) Ltd. and buy new Hefei […]

The post Whirlpool to Acquire Stake in Hefei Sanyo appeared first on Liston Street Pulse.

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