Bosch considering Whirlpool takeover

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Bosch considering Whirlpool takeover
Photo: Thomas Kienzle/AP/TT

The German white goods giant and Electrolux competitor Bosch has been in contact with advisers about a possible bid for the American competitor Whirlpool, reports news agency Reuters, citing three sources.

According to the sources, it is not clear whether Bosch will make a bid for Whirlpool.

Bosch has declined to comment on the reports and Whirlpool has not been available for comment.

The Electrolux share price rose by almost 4 per cent on the Stockholm stock exchange following the reports.

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