European Commission approves Nidec's acquisition of Embraco

The European Commission approved Nidec's acquisition of Embraco, Whirlpool's refrigeration compressor business, conditional on Nidec's commitments.

“The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Nidec of Embraco, Whirlpool's refrigeration compressor business. The approval is conditional on compliance with Nidec's commitments.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.