By Michele Maatouk
Date: Wednesday 26 Jun 2024
LONDON (ShareCast) - (Sharecast News) - German engineering group Robert Bosch is reportedly considering a bid for US appliance maker Whirlpool.
Reuters cited sources as saying that Bosch has been talking to potential advisers about the possibility of making an offer for Whirlpool, which has a market capitalisation of about $4.8bn.
The sources said it was not certain that an offer would be made.
A Bosch spokesperson told Reuters the company does not comment on "market rumours", while officials at Whirlpool were not immediately available for comment.
At 1305 BST, Whirlpool shares were up 18% at $103.40 in pre-market trade.
Email this article to a friend
or share it with one of these popular networks:
Currency | US Dollars |
Share Price | $ 78.09 |
Change Today | $ -0.53 |
% Change | -0.67 % |
52 Week High | $133.14 |
52 Week Low | $75.71 |
Volume | 1,244,967 |
Shares Issued | 55.00m |
Market Cap | $4,294.95m |
Beta | 0.90 |
RiskGrade | 182 |
Strong Buy | 1 |
Buy | 1 |
Neutral | 5 |
Sell | 2 |
Strong Sell | 0 |
Total | 9 |
Time | Volume / Share Price |
16:00 | 226,710 @ $78.09 |
15:59 | 202 @ $78.17 |
15:59 | 260 @ $78.17 |
15:59 | 100 @ $78.15 |
15:59 | 100 @ $78.15 |
You are here: research