Brief: Arcelik Says It Will Terminate All Payment Obligations For Ihp Appliances For Eur 40 Mln Cash

Arcelik

19/06/2026 06:56

June 19 (Reuters) - ARÇELİK ARCLK.IS:
ARCELIK AGREES WITH WHIRLPOOL EMEA HOLDINGS TO SETTLE ALL OUTSTANDING AND POTENTIAL FUTURE PAYMENT OBLIGATIONS RELATED TO ITS ACQUISITION OF RUSSIA-BASED INDESIT INTERNATIONAL JSC AND WHIRLPOOL RUS LLC—NOW OPERATING AS IHP APPLIANCES LLC—WITH A ONE-OFF CASH PAYMENT OF 40 MILLION EUROS
DIFFERENCE BETWEEN THE LIABILIT’S CARRYING VALUE AND THE AGREED AMOUNT WILL BE RECORDED AS OTHER OPERATING INCOME, WITH THE FINAL FINANCIAL IMPACT TO BE REFLECTED IN ITS JUNE 30, 2026 FINANCIAL STATEMENTS

        
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