Embraco deal priced at US$1,080 million all cash

The Nidec acquisition of Whirlpool's Embraco business carries a purchase price of US$1,080 million on a cash-free/debt-free enterprise value basis, payable all in cash.

“The purchase price is US $1,080 million (on a cash-free and debt-free enterprise value basis) and the consideration will be all cash.”

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