EU clears Nidec's acquisition of Whirlpool's Embraco compressor unit with conditions

The European Commission approved Nidec's proposed acquisition of Embraco, Whirlpool's refrigeration compressor business, subject to Nidec's commitments. The clearance decision was dated 12 April 2019.

“The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Nidec of Embraco, Whirlpool's refrigeration compressor business.”concurrences.com

• 3 sources
• concurrences.comThe EU Commission clears a merger, subject to remedies, in the market of speed refrigeration compressors (Nidec / Embraco) - ConcurrencesMay 9, 2019
• concurrences.comThe EU Commission conditionally approves a merger to structural remedies in the refrigeration compressor business (Nidec / Embraco) - ConcurrencesMay 9, 2019
• concurrences.comClearance: The European Commission approves, subject to conditions and following an in-depth investigation, a merger between the two main refrigeration compressor producers (Nidec / Embraco) - ConcurrencesAug 5, 2019

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