Hints and tips:
...Arçelik, one of Turkey’s leading industrial companies, for example purchased US-based Whirlpool’s Russian business for around €260mn last year....
...The new board will also be more independent than in the past, with the arrival of Safran chief executive Philippe Petitcolin and former Whirlpool executive Esther Berrozpe Galindo, replacing an associate...
...Whirlpool, a $9.6bn US group that manufactured the fridge-freezer from which the fire originated, is also a core participant, along with Kensington and Chelsea Council, which owned the tower, and its tenant...
...Whirlpool did not respond to requests for comment....
...Whether that sufficed to convince the Whirlpool workers is far from clear....
...Workers at Whirlpool’s factory in Amiens are well-acquainted with the insecurities of globalisation....
...US foodservice group Middleby has published a huffy statement urging Aga shareholders to “consider the motivations of the approach for Whirlpool” for the historic Midlands range maker....
...“I see no danger of Portugal being swept into the Greek whirlpool,” he told reporters. “I believe the EU will not let Portugal fall if there are any unfavourable developments in Greece.”...
...Whirlpool generates about half of its revenue from the US, where the market is showing glimmers of hope, while Electrolux generates only 27 of revenue from the same region....
...Whirlpool, which makes the Whirlpool, Maytag and Amana brands of home appliances, employs about 71,000 people and had annual sales of about $18bn in 2010....
...The Swedish company, the world’s second-largest appliance maker after Whirlpool of the US, said the overall acquisition would have an enterprise value of SKr4.4bn ($693m)....
...A large oval opal is the centre-stone of Aiguebelle necklace, surrounded by a whirlpool of emeralds and blue and purple sapphires, suspended in a cascade of rock crystal beads....
...They form a whirlpool aptly called ‘the ocean’s navel’, whose attracting power extends a distance of 10 miles....
...He points to Olympia Group, Egypt’s largest white goods manufacturer, which trades at seven times consensus earnings estimates, compared to a multiple of 14 for Hong Kong’s Haier and 21 times for Whirlpool...
...One more thing: no amount of vinegar, stirring the water to make little whirlpools, near coddling of the egg before you break it or any of the other little ruses advocated in cookery books will be necessary...
...Whirlpool Corp widened after posting weak results, though the movement was modest, reflecting the broader market rally....
...This takes it out of the context of the fashion whirlpool and transforms it in that of international event. It’s a smart idea....
...Philips, for example, sold a 53 per cent stake in its domestic appliances unit to Whirlpool, so that the latter could understand the strength of the dealer network before completing the acquisition....
...Appliance maker Whirlpool cut its estimate for appliance industry unit shipment growth in North America. Its shares were down $2.63, or 2.9 per cent, at $86.70....
...Its Indian operations are likely to be headed by Raj Jain, a former Whirlpool executive who was appointed this year as president of emerging Asian markets, excluding China....
...In this period, he cut costs through a programme of shutting plants in high-cost countries while building up the Electrolux brand against competition from Whirlpool of the US, its largest rival....
...Electrolux, the Swedish home appliance maker, rose 1.8 per cent to SKr224 after the takeover of US rival Maytag by Whirlpool was approved by US antitrust regulators....
...Whirlpool manufactures appliances for Kenmore, a brand owned by Sears....
...Shares in Whirlpool , which offered $1.35bn earlier in the week, were up 0.9 per cent at $76.10....
...Buying Maytag would force them to confront Whirlpool and General Electric head on. But even if Haier shies away from this deal, the ambition and the credibility of Chinese bidders is increasing....
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