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 | $ 76.66 |
| Change Today | $ 2.16 |
| % Change | 2.90 % |
| 52 Week High | $133.14 |
| 52 Week Low | $65.50 |
| Volume | 1,022,731 |
| Shares Issued | 55.00m |
| Market Cap | $4,216.30m |
| Beta | 0.97 |
| RiskGrade | 182 |
| Strong Buy | 0 |
| Buy | 2 |
| Neutral | 4 |
| Sell | 3 |
| Strong Sell | 0 |
| Total | 9 |

| Time | Volume / Share Price |
| 15:59 | 100 @ $76.69 |
| 15:58 | 100 @ $76.69 |
| 15:58 | 246 @ $76.69 |
| 15:58 | 100 @ $76.66 |
| 15:58 | 100 @ $76.66 |
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