We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Whirlpool Corp | NYSE:WHR | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.13 | -0.13% | 96.77 | 97.3205 | 95.25 | 96.10 | 296,999 | 17:33:04 |
From Apr 2022 to Apr 2024
By Chris Wack
Emerson Electric Co. said Monday it is selling its InSinkErator business to Whirlpool Corp. for $3 billion.
InSinkErator makes food waste disposers and instant hot water dispensers for home and commercial use. Its trailing 12-month revenue as of March 31 was $595 million, with pretax earnings of $148 million, Emerson said.
Whirlpool said it expects the acquisition to be immediately accretive to its earnings.
The transaction is expected to close in Emerson's 2023 fiscal year.
Whirlpool said it plans to initially fund the acquisition through available liquidity, with new debt put in place at a later date.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
August 08, 2022 07:34 ET (11:34 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Whirlpool Chart |
1 Month Whirlpool Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
