Reported 9 months ago
Reports suggest that Robert Bosch GmbH is looking into acquiring Whirlpool Corp, a move that would strengthen Bosch's presence in the white goods market. Whirlpool's stock saw a significant increase following this news. With Whirlpool undergoing restructuring and selling off certain businesses, an acquisition by Bosch, one of the leading white goods producers globally, is viewed as a strategic step to expand market share and compete better with Asian players. Despite Whirlpool's stock declining by over 39% in the past year, investors can access it through exchange-traded funds such as iShares Core S&P Mid-Cap ETF and Schwab US Dividend Equity ETF.
Source: YAHOO