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Arcelik-Whirlpool EMEA Deal to Be Referred to Phase 2 Investigation, UK Watchdog Says

By Michael Susin

 

The Competition and Markets Authority said that it will refer the acquisition by Arcelik of Whirlpool Corporation's EMEA unit for a phase two investigation.

The CMA said on Wednesday that the decision comes after both parties didn't offer any undertakings over the phase one probe.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

October 11, 2023 02:37 ET (06:37 GMT)

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