EU opens in-depth investigation into Nidec's acquisition of Whirlpool's Embraco compressor business

The European Commission opened an in-depth investigation into Nidec's proposed acquisition of Embraco, the refrigeration compressor business of Whirlpool, over concerns it may reduce competition in the supply of refrigeration compressors.

“The European Commission has opened an in-depth investigation to assess Nidec's proposed acquisition of Embraco, the compressor business of Whirlpool, under the EU Merger Regulation.”pressreleasepoint.com

• 1 source
• pressreleasepoint.com| PressReleasePointNov 27, 2018

Summarized from public sources; check the original articles before acting on it.