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UPDATE 1-France to proceed with anti-trust probe involving Electrolux, Bosch [Reuters]

Whirlpool Corporation (WHR) 
Last whirlpool corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: Reuters
France to proceed with anti-trust probe involving Electrolux, Bosch | Reuters Reuters Staff 2 Min Read STOCKHOLM (Reuters) - French competition authorities will give more details in March of alleged breaches of anti-trust rules by home appliances makers including Sweden’s Electrolux ( ELUXb.ST ) and Germany’s Bosch in 2006 to 2009, Electrolux said on Wednesday. In a statement, the Swedish company said it could not rule out that the outcome of the long-running probe might have a material impact on results and cash flow. It had previously said it had become the subject of an investigation in France in 2013. Shares in Electrolux fell 0.4 percent by 1135 GMT to trade at 261.80 crowns. “We are now waiting for the formal statement. When we get that, we will analyze it, but right now there is not much more we can say,” said a spokeswoman at Electrolux, a rival of U.S. maker Whirlpool Corp ( WHR.N ). Electrolux and Bosch’s ROBG.UL fully-owned subsidiary BSH both said they were cooperating Show less Read more
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