News: Indesit Company SpA (IND.MI)
18 Sep 2014
July 14 - (The following statement was released by the rating agency)
* Says terminates plan to acquire stakes in Italy-based household appliances manufacturer Indesit Company S.p.A , shares to resume trading on July 15
- Whirlpool WHR.N, the world's largest maker of home appliances, has agreed to pay 758 million euros ($1 billion) to buy a 60 percent stake in smaller Italian rival Indesit IND.MI to further expand beyond its U.S. home market.
* Indesit family had clashed over strategy-sources (Adds context, shares, analysts)
MILAN, July 11 - Italian white goods maker Indesit is expected to be delisted from Milan's bourse after Whirlpool completes the planned buyout of the company, two sources close to the matter said on Friday.
HELSINKI, July 11 - The following stocks may be affected by newspaper reports and other factors on Friday:
July 10 - The world's largest maker of home appliances Whirlpool Corp said on Thursday it signed agreements with Fineldo SpA and the Merloni family to buy a majority interest in Italian household appliances maker Indesit Company SpA for about 758 million euros ($1.03 billion).
Fabriano, Italy, May 7 - The top investor in Italian white goods maker Indesit is continuing to assess a possible tie-up, Indesit Chief Executive Marco Milani said on Wednesday.
FABRIANO, Italy, May 7 - The top investor in Italy's Indesit said on Wednesday it had not taken yet a decision regarding its stake in the loss-making white goods maker adding the company could still opt to go ahead on a stand-alone basis.