Whirlpool receives provisional UK CMA clearance for European appliance JV with Arcelik; expects close by April 2024

WHIRLPOOL CORP /DE/

UK CMA provisionally cleared Whirlpool's contribution of European major domestic appliance business to new JV with Arcelik.
Final CMA decision expected by March 26, 2024.
Whirlpool will own 25% and Arcelik 75% of the newly formed company.
Transaction expected to close by April 2024, pending final CMA approval.
All other regulatory approvals, including from European Commission, already received.

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