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Whirlpool nabs legal approval for Indesit purchase

Aug. 01, 2014 1:59 PM ETWhirlpool Corporation (WHR) StockBy: Clark Schultz, SA News Editor
  • Whirpool (NYSE:WHR +0.9%) announces that the Italian Court of Acona has approved the purchase of shares of Indesit.
  • When the dust settles, Whirlpool will own 67% of the European appliance seller.
  • The company expects to close the deal by the end of the year.

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