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.
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Currency | US Dollars |
Share Price | $ 83.10 |
Change Today | $ -2.56 |
% Change | -2.99 % |
52 Week High | $133.14 |
52 Week Low | $80.10 |
Volume | 1,639,262 |
Shares Issued | 55.00m |
Market Cap | $4,570.50m |
Beta | 0.72 |
RiskGrade | 182 |
Strong Buy | 1 |
Buy | 1 |
Neutral | 4 |
Sell | 3 |
Strong Sell | 0 |
Total | 9 |
Time | Volume / Share Price |
15:59 | 700 @ $83.05 |
15:59 | 110 @ $83.12 |
15:59 | 200 @ $83.15 |
15:59 | 100 @ $83.11 |
15:59 | 100 @ $83.10 |
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