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Whirlpool's market cap after Bosch's bid announcement by July 31, 2024
5
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Bosch Reportedly Considering Bid for Whirlpool, Shares Surge
Jun 26, 2024, 11:52 AM
German engineering group Robert Bosch GmbH is reportedly considering a bid for U.S. appliance maker Whirlpool ($WHR), according to multiple sources including Reuters. The potential acquisition, which is still uncertain, could significantly boost Bosch's position in the household appliances market. Whirlpool, which has a market capitalization of approximately $4.8 billion, saw its shares surge by more than 18% and climb 20.3% premarket following the news. Bosch, a private company, is currently consulting potential advisers to evaluate the bid.
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