1 Min Read
(Reuters) - U.S. home appliances maker Whirlpool Corp said on Tuesday it would divest parts of its Europe, Middle East and Africa (EMEA) business and form a new Europe-focused entity with Turkish household appliances manufacturer Arcelik.
Whirlpool will own 25% of the new entity while Arcelik will have the rest, the U.S. company said.
Reporting by Akanksha Khushi in Bengaluru; Editing by Subhranshu Sahu
China receives US equipment to make advanced chips despite new rules - report
China receives US equipment to make advanced chips despite new rules-report
U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
Google's expert in US antitrust trial defends billions paid to device makers
Post-strike Hollywood rushes to get film, TV sets humming
