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Arçelik, Whirlpool European deal gets green light from UK antitrust regulator

By Jon Menon ( March 7, 2024, 10:11 GMT | Insight) -- Arçelik’s planned acquisition of Whirlpool’s domestic appliances business in Europe has been cleared by the UK antitrust regulator, which considered the prospect of a rising threat from competitors. The decision after an in-depth phase II probe by the Competition and Markets Authority brings the UK in line with the European Commission, which cleared the deal unconditionally last year.Arçelik’s planned acquisition of Whirlpool’s domestic appliances business in Europe has been cleared by the UK antitrust regulator, which considered the prospect of a rising threat from competitors....

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