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Stock Market & Financial Investment News

News Breaks
August 1, 2014
11:51 EDTWHRWhirlpool says Italian Court of Ancona approves Indesit share repurchase
Whirlpool announces that the Italian Court of Ancona issued the authorization relating to the sale of certain Indesit Company S.p.A. shares to Whirlpool. On July 10, Whirlpool, Fineldo S.p.A. and members of the Merloni family entered into binding agreements for Whirlpool's acquisition of Indesit shares subject to court and antitrust approval and other customary conditions. The acquisition, together with the July 17 acquisition of Claudia Merloni's shares, will provide Whirlpool with a 66.8% voting stake in Indesit. Closing on these agreements remains subject to antitrust approvals and is expected to take place by the end of 2014.
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September 15, 2014
06:33 EDTWHRWhirlpool receives final CSRC approval for majority stake acquisition in Hefei
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